The Zhitong Finance App learned that Bank of Japan Governor Ueda Kazuo reiterated on Friday that there is a risk that underlying inflation will exceed the central bank's 2% target, and emphasized the importance of anchoring price pressure near that target. This speech comes on the eve of the Bank of Japan's policy meeting at the end of October, and the market is closely watching for clues about the timing of the next rate hike.

The Zhitong Finance App learned that Bank of Japan Governor Ueda Kazuo reiterated on Friday that there is a risk that underlying inflation will exceed the central bank's 2% target, and emphasized the importance of anchoring price pressure near that target. This speech comes on the eve of the Bank of Japan's policy meeting at the end of October, and the market is closely watching for clues about the timing of the next rate hike.