Bank of Japan (BoJ) Governor Kazuo Ueda said on Friday that the “impact of past rises in import costs on Japan’s inflation likely to dissipate.”
Additional quotes
Scheduled end to govt energy subsidies likely to also likely to affect inflation ahead.
Given annual wage talks outcome so far, trend inflation likely to gradually accelerate.
Market reaction
The USD/JPY pair was last seen trading at 151.20, down 0.09% so far.
