At the National Securities Convention in Tokyo, BOJ Governor Ueda Kazuo (植田和雄) indicated that he intends to continue raising interest rates while monitoring the risk of a substantial upside surprise in inflation, in order to stabilize the inflation rate at around 2%.
BOJ Governor Ueda Kazuo (植田和雄) addressed the National Securities Convention held in Tokyo, reiterating his intention to continue raising interest rates while monitoring the risk of a substantial upside surprise in inflation, in order to sustainably stabilize the inflation rate at around 2%.
While avoiding any reference to specific timing, the remarks emphasized the BOJ's stance of continuing to raise interest rates as the direction of monetary policy. They indicated an intention to balance vigilance toward inflation risks with the goal of stable price growth.
Although this policy could affect the BOJ's future policy operations, the impact on the economy and market trends will need to be monitored as further information becomes available.