Kazuo Ueda

Recent claims

• Underlying inflation will reach 2% from the latter half of fiscal 2026 through fiscal 2027.
  Nov 21, 2025
• Underlying CPI inflation will increase and, in the second half of the projection period of the Outlook Report through fiscal 2026, will reach a level that is generally consistent with the price stability target of 2 percent.
  Oct 3, 2025
• The Bank of Japan will adjust the degree of monetary easing (raise interest rates) if underlying inflation accelerates toward the BOJ's 2% target.
  Nov 30, 2024
• The Bank of Japan's fiscal 2026 forecast for inflation rates excluding fresh food will be 1.9%.
  May 9, 2024
• The Bank of Japan planned to end negative interest rates by March or April.
  Mar 20, 2024
• Japan's inflation forecast for fiscal 2025 is currently at 1.8%.
  Feb 16, 2024
• The median CPI (excluding fresh food and energy) forecast for Fiscal Year 2024 remained short of the 2% target at 1.7%.
  May 1, 2023
• The median CPI (excluding fresh food and energy) forecast for Fiscal Year 2025 remained short of the 2% target at 1.8%.
  May 1, 2023
• The median CPI (excluding fresh food and energy) forecast for fiscal 2024 will be 1.7%.
  May 1, 2023
• The Bank of Japan's median CPI (excluding fresh food and energy) forecast for fiscal 2025 is 1.8%.
  May 1, 2023