日本央行12月加息无望？日本首相：尚未实现由工资增长带动的可持续通胀

Group 1 - Japanese Prime Minister Fumio Kishida indicated that Japan has not yet achieved sustainable inflation alongside wage growth, suggesting a preference for the Bank of Japan to slow interest rate hikes [1] - The consumer price index remains around 3% due to rising food prices, but Kishida stated that Japan has only completed half of the task in achieving stable price growth supported by wage increases [1] - Kishida expressed a desire for the Bank of Japan to implement appropriate monetary policies to achieve a sustainable and stable 2% inflation target, advocating for expansionary fiscal and monetary policies [1] Group 2 - Bank of Japan Governor Kazuo Ueda is scheduled to speak on December 1, potentially providing insights into the likelihood of recent interest rate hikes [2] - The Bank of Japan ended a decade-long large-scale stimulus policy last year and raised rates to 0.5% in January, believing it was close to achieving the 2% inflation target [2] - Critics argue that the slow pace of interest rate hikes has led to yen depreciation and increased import costs, keeping inflation above the 2% target for over three years [2] Group 3 - Ueda's recent comments indicated an increased likelihood of achieving the Bank's baseline forecast, signaling that a rate hike could occur as soon as December [2] - However, the lack of strong language in Ueda's remarks led to a decline in the yen's exchange rate, prompting warnings from the Finance Minister against excessive depreciation [2]