Japanese central bank chief avoids dropping hints about October meeting

20261016  BOJ Ueda presser2

Bank of Japan Gov. Kazuo Ueda said Group of 20 officials discussed the Middle East conflict and the artificial intelligence boom and their impact on economic growth and prices. (Photo by Ken Kobayashi)

JADA NAGUMO

October 16, 2026 22:46 JST

BANGKOK — Bank of Japan Gov. Kazuo Ueda said Friday that underlying inflation is already quite close to the central bank’s 2% target and that “we cannot tolerate it rising any further.”