Bank of Japan Governor Kazuo Ueda: Price growth is expected to slow down more significantly from now on.

Bank of Japan Governor Kazuo Ueda: We are concerned about the continued decline in real wages in Japan.

Bank of Japan Governor Kazuo Ueda: Inflation is a huge burden on households because real wages fall.

Bank of Japan Governor Kazuo Ueda: Expressed concern about real wages.

Bank of Japan Governor Kazuo Ueda: Overseas economies are still a risk factor.

Bank of Japan Governor Kazuo Ueda: The Fed is expected to maintain its high interest rate policy.

Bank of Japan Governor Kazuo Ueda: U.S. economic growth increases the possibility of a soft landing.

Bank of Japan Governor Kazuo Ueda: Today we discussed that inflation is decelerating more slowly than expected in the July outlook report.

Gazprom: It will continue to deliver natural gas to Europe through Ukraine, with a delivery volume of 42.4 million cubic meters on Friday.

Bank of Japan Governor Kazuo Ueda: A slight increase in mortgage interest rates will have limited impact on the macro economy.

Bank of Japan Governor Kazuo Ueda: I don’t think inflation expectations have risen significantly since the July meeting.

Bank of Japan Governor Ueda Kazuo: Our stance on this risk management has not changed.

Bank of Japan Governor Kazuo Ueda: We have prioritized managing the risks of premature action.

Bank of Japan Governor Kazuo Ueda: The next meeting will review various data, including the extension of the government’s gasoline subsidy.

Bank of Japan Governor Kazuo Ueda: It is impossible to determine when we will see progress on wages.

Bank of Japan Governor Kazuo Ueda: The decision-making process will not change and we will review new data at each monetary policy meeting.

Bank of Japan Governor Kazuo Ueda: Uncertainty is still very high.

Bank of Japan Governor Kazuo Ueda: Unable to determine when policy will be adjusted.

After the speech by Bank of Japan Governor Kazuo Ueda, USD/JPY edged higher and is now at 148.23.