Market News / Story
BOJ — AI demand may push Japan’s inflation above 2% target, impact policy
Crypto Briefing ·
Crypto Briefing reports: The Bank of Japan (BOJ) has reported that strong global demand related to artificial intelligence (AI) is driving higher output among firms in various regions. This demand is particularly impacting sectors such as semiconductors and data-center equipment, influencing asset prices and financial conditions. BOJ Deputy Governor Shinichi Uchida noted that the AI boom represents a significant positive demand shock, potentially raising Japan's inflation rate above the…