Bank of Japan Governor Kazuo Ueda: Japanese companies are now adjusting prices more frequently than in the past, which is an important sign that wages and inflation may rise in tandem.

Bank of Japan Governor Kazuo Ueda: The key to whether we are close to achieving our target is whether wage growth leads to a moderate rise in inflation.

Bank of Japan Governor Kazuo Ueda: Although the inflation rate has exceeded 2% for a long time, this alone does not allow us to conclude that Japan is close to achieving stability and sustainably achieving its goals.

Bank of Japan Governor Kazuo Ueda: We must pay close attention to the impact of U.S. financial conditions on the market and foreign exchange.

Bank of Japan Governor Ueda Kazuo: We must continue to remain vigilant to prevent the lag in the sharp rise in U.S. interest rates from affecting the economy and financial system.

The General Staff of the Ukrainian Armed Forces reported that the Russian army lost 420 soldiers in the past day, as well as 5 tanks, 13 armored vehicles, 27 artillery systems, 7 tactical drones and other equipment.

Bank of Japan Governor Kazuo Ueda: Japan’s economy is at a critical stage and there are doubts whether it can achieve a positive wage inflation cycle.

Bank of Japan Governor Kazuo Ueda: Many companies have still not decided whether to significantly raise wages, so we must carefully assess whether changes in corporate wage-setting behavior can be sustained.

Bank of Japan Governor Kazuo Ueda: On the other hand, if the Japanese economy is hit by negative external or internal shocks, it may be difficult for wages and prices to rise.

Bank of Japan Governor Kazuo Ueda: The yield curve control (YCC) framework enables easing policy to achieve balance.

Bank of Japan Governor Kazuo Ueda: Corporate behavior may change faster than expected.

Bank of Japan Governor Ueda Kazuo: As competition for talent intensifies, there is a great chance that wage growth will accelerate.

USD/JPY has little short-term fluctuations, reporting at 148.36.

USD/JPY has little short-term fluctuations and is currently at 148.34.

Bank of Japan Governor Kazuo Ueda: The impact of rising import prices may gradually dissipate.

Bank of Japan Governor Kazuo Ueda: Our basic scenario is that the key drivers of inflation gradually shift, reinforcing a benign wage inflation cycle.

Bank of Japan Governor Kazuo Ueda: Uncertainty about wages and inflation is high.

Bank of Japan Governor Kazuo Ueda: The current policy framework has a great stimulating effect on the economy, but sometimes it may have major side effects.

Bank of Japan Governor Kazuo Ueda: The Bank of Japan’s actions in July will help improve the sustainability of our monetary easing framework.

Bank of Japan Governor Kazuo Ueda: Japan is at a critical moment in cultivating budding signs.