At the afternoon policy briefing, Bank of Japan Governor Kazuo Ueda stated that if the economic and inflation forecasts are realized, the Bank of Japan will continue to raise interest rates. He noted that the impact of foreign exchange on prices is greater than ever.
In the morning, the Bank of Japan latest interest rate decision &#34;remained unchanged&#34;, and in the concurrently released economic outlook report, it indicated that inflation risks are tilted to the upside for the fiscal year 2025, with potential CPI inflation expectations rising. The economy may continue to grow at a rate higher than the potential growth rate. If the aforementioned economic and inflation outlooks are realized, it will correspondingly continue to raise interest rates and adjust the degree of monetary easing.
(Continuously updated...)

- Bank of Japan Governor Kazuo Ueda indicated that further interest rate hikes are possible, though the timing remains uncertain.  
- The central bank's latest decision maintained current rates, aligning with its economic outlook that anticipates rising inflation risks and continued economic growth.  
- Ueda emphasized the need to monitor global economic trends, particularly in the U.S., while asserting that domestic political uncertainties will not significantly impact prices.

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Bank of Japan Governor: Price trends in the second half of the year will align with targets, and if the outlook is achieved, interest rates will continue to rise