Core Viewpoint - The former Deputy Governor of the Bank of Japan, Nakaso, emphasizes the need for the Bank of Japan to remain vigilant regarding the risks of rising inflation, particularly due to increasing food prices which could lead to a loss of control over inflation expectations [1] Group 1 - Nakaso warns that rising food prices may trigger inflation expectations to spiral out of control [1]

Core Viewpoint - The Federal Reserve's Kashkari stated that while tariffs leading to one-time price increases are reasonable, there is a risk of inflation expectations becoming unanchored in the context of high inflation, which must be avoided [1] Group 1 - Tariffs are seen as a contributing factor to temporary price hikes [1] - The current high inflation environment raises concerns about the potential for inflation expectations to spiral out of control [1] - It is crucial to manage inflation expectations to maintain economic stability [1]