Speaking on Wednesday (May 27), Bank of Japan Governor Kazuo Ueda cautioned that central banks must prevent this year’s oil‑driven inflation surge from hardening into a lasting global problem. “If inflation expectations are already high and wages are accelerating, the risk of second‑round effects is large,” he said, adding that the line between temporary and […] The post Bank of Japan squeezed by Takaichi, Trump and Iran war inflation appeared first on Asia Times .