Bank of Japan Governor Kazuo Ueda: Preliminary wage negotiation results tend to be revised downwards, but even so, we think the final results will be quite strong numbers.

The MSCI Asia Pacific Index rose 2% to 178.42 points.

Japan’s Chief Cabinet Secretary Yoshimasa Hayashi: (When asked about the Fed’s decision) will continue to pay close attention to the impact on Japan and the global economy.

Bank of Japan Governor Kazuo Ueda: Some previous easing measures have had side effects.

Chief Cabinet Secretary Hayashimasa Hayashi: It is important that the exchange rate reflects fundamentals in a stable manner. Pay close attention to foreign exchange trends with a high sense of urgency.

Chief Cabinet Secretary Hayashimasa Hayashi: No comment on foreign exchange levels.

Bank of Japan Governor Kazuo Ueda: The Bank of Japan’s negative interest rates and other tools have driven demand by lowering real interest rates under a massive stimulus policy, but have also had side effects, such as the impact on the functioning of the Japanese government bond market.

U.S. Central Command: Destroyed drones and surface drones in Yemen.

Airbus Helicopters will invest in research and development and pilot training in Vietnam.

According to the Wall Street Journal: SHEIN promotes its unique supply chain technology to global brands.

U.S. Treasury Secretary Yellen will testify before a Senate subcommittee on the fiscal year 2025 budget at 10 a.m. ET.

Bank of Japan Governor Kazuo Ueda: We do not think our latest decision will lead to a significant increase in mortgage interest rates and an increase in corporate borrowing costs.

U.S. Secretary of State Blinken will meet with the Egyptian President in Cairo at 10 a.m. local time.

Bank of Japan Governor Kazuo Ueda: We could have waited for the inflation rate to stay at 2% for a long time before withdrawing large-scale stimulus measures, but this may lead to a sharp increase in the upward risks to the price outlook.

USD/JPY fell more than 20 points in the short term and is now at 150.39.

Bank of Japan Governor Kazuo Ueda: Medium- and long-term inflation expectations are moving towards the 2% target.

Bank of Japan Governor Kazuo Ueda: Recent wage negotiation data indicate that companies have confirmed the strengthening of the wage inflation cycle.

Bank of Japan Governor Kazuo Ueda: If we wait too long, the upside risks may be greater.