Bank of Japan Governor Ueda Kazuo (植田 和男) attended the G20 meeting in Bangkok and explained that he would maintain his stance of raising interest rates. He said financial conditions were expected to remain accommodative and expressed his intention to closely monitor energy price trends and AI demand.
Bank of Japan Governor Ueda Kazuo (植田 和男) held a press conference on the 16th at the G20 Finance Ministers and Central Bank Governors Meeting in Bangkok, where he commented on the direction of current monetary policy. He was reported to have explained that he would maintain his stance of raising interest rates, based on his previous remarks.
At the press conference, he indicated that financial conditions remained accommodative, a view that is being taken as having implications for future policy management.