Bank of Japan: Japan's low inflation supports the

Ai Huicha, August 27th, in a panel discussion at the Jackson Hole Global Central Bank Annual Meeting, Bank of Japan Governor Kazuo Ueda said that Japan's inflation is still below the target support, which supports the central bank's current monetary policy strategy. For the rest of 2023, Japan's CPI excluding food will slow. " We believe that domestic demand is still in a healthy trend, although this needs to be tested with third-quarter data, Ueda said. " Japan faces the risk of not being able to attract those very large companies (investing in Japan). The economic situation in the United States is improving, which has an offsetting effect on Japan to a certain extent. Ueda Kazuo did not comment on the exchange rate level in his speech.