[Bank of Japan: Underlying Inflation Steadily Approaching 2% Target] Jinshi Data, December 25 – Bank of Japan Governor Kazuo Ueda stated on Thursday that Japan's underlying inflation is gradually accelerating and steadily approaching the central bank's 2% target. Kazuo Ueda said: 'Amid a tightening labor market, corporate wage and price-setting behavior has undergone significant changes in recent years. The goal of achieving a 2% inflation level, accompanied by wage growth, is now steadily approaching.'