Bank of Japan Governor Kazuo Ueda conveyed the central bank’s commitment to elevate interest rates if the nation’s economic resurgence remains on course. However, Ueda emphasized a rigorous, open-minded review of economic projections in shaping future policy moves.
During his address, Ueda indicated that current economic conditions and inflation trends align with the BoJ’s quarterly predictions. Nonetheless, he underscored the need for vigilance concerning potential risks, particularly the increasing unpredictability surrounding various national trade policies.
