BOJ governor UEDA warns oil-price shock could become persistent inf; calls it
'fifth' oil shock since 1970s, says if shock shifts wages, inf expectations or
firm pricing it may persist; o/n swaps price ~75% chance of 25bp BOJ hike next
month
2026-05-27
BOJ governor UEDA warns oil-price shock could become persistent inf; calls it
'fifth' oil shock since 1970s, says if shock shifts wages, inf expectations or
firm pricing it may persist; o/n swaps price ~75% chance of 25bp BOJ hike next
month