Bank of Japan Governor Ueda at a press conference after the G20 Finance Ministers and Central Bank Governors Meeting. He expressed an intention to consider raising the policy rate at the next Monetary Policy Meeting = 1st, Asheville, United States (Kyodo) - Bank of Japan considering rate hike, wary of accelerating price increases; apparent aim to prevent further yen depreciation - Photos/Images (2/2) | 【West

Bank of Japan Governor Ueda Kazuo (植田和男) held a press conference after the G20 Finance Ministers and Central Bank Governors Meeting and made clear that the Bank would consider raising the policy rate at its next Monetary Policy Meeting. The remarks were made in Asheville, United States, and were reported as comments delivered overseas.

The article reports that the Bank is taking a cautious view of accelerating price increases in Japan and says that preventing further yen depreciation has also been cited as an apparent aim. The Bank indicated that it intends to discuss its future policy management.

The article contains no specific information on the reactions of accompanying officials or market participants, and further developments are awaited.