At a press conference following the G20 meeting, Bank of Japan Governor Ueda Kazuo (植田和男) said the timing and pace of rate hikes would be considered while closely monitoring the situation in the Middle East, AI-related developments and foreign exchange impacts.
At a press conference following the G20 meeting, Governor Ueda Kazuo (植田和男) said the Bank of Japan would closely monitor multiple factors when determining the timing and pace of rate hikes.
The factors to be monitored are the situation in the Middle East, AI-related developments and foreign exchange impacts. No specific timing or pace was provided, and the outlook remains uncertain.