BOJ Governor Ueda says underlying inflation ‘quite close’ to 2% target

TOKYO, Oct 19 (Reuters) Bank of Japan ​Governor ‌Kazuo Ueda said on Monday underlying inflation ‌is quite ​close ⁠to the central ⁠bank s 2% target, heightening the importance ​of anchoring inflation ⁠around that ⁠level. Speaking in ​parliament, Ueda ​also said very strong global ‌AI demand was boosting domestic ⁠capital expenditure and exports, adding to ⁠inflationary ‌pressure ⁠from Japan s ​moderate ‌economic recovery ​and tight ⁠job market. (Reporting by Leika Kihara; Editing by Christopher ​Cushing)