Bank of Japan Governor Ueda Kazuo said that there has been no major change in monetary policy thinking. We have raised policy interest rates five times so far, so we need to carefully examine how the cumulative impact will affect the economy. Monetary conditions are still loose, so we hope to continue to raise interest rates. Monetary policy will be discussed taking into account the risk of rising prices. We hope to discuss at the next meeting whether the probability of achieving the economic scenario will increase, and whether the risk of inflation will increase.

Bank of Japan Governor Ueda Kazuo said that there has been no major change in monetary policy thinking. We have raised policy interest rates five times so far, so we need to carefully examine how the cumulative impact will affect the economy. Monetary conditions are still loose, so we hope to continue to raise interest rates. Monetary policy will be discussed taking into account the risk of rising prices. We hope to discuss at the next meeting whether the probability of achieving the economic scenario will increase and whether the risk of inflation will increase.