Bank of Japan Governor Kazuo Ueda: Despite some weakness, the Japanese economy is recovering moderately. Japan's economy is likely to continue to grow moderately. Core inflation is close to 2%. Attention must be paid to the situation in the Middle East, the growth in demand related to artificial intelligence, and the impact of exchange rate changes on Japan's economic activity and prices. Considering that companies' behavior in setting wages and prices is becoming more aggressive, and medium- to long-term inflation expectations are rising, there is a risk that the potential inflation rate will exceed the 2% price target; stabilizing core inflation at around 2% is essential.

Bank of Japan Governor Kazuo Ueda: Despite some weakness, the Japanese economy is recovering moderately. Japan's economy is likely to continue to grow moderately. Core inflation is close to 2%. Attention must be paid to the situation in the Middle East, the growth in demand related to artificial intelligence, and the impact of exchange rate changes on Japan's economic activity and prices. Considering that companies' behavior in setting wages and prices is becoming more aggressive, and medium- to long-term inflation expectations are rising, there is a risk that the potential inflation rate will exceed the 2% price target; stabilizing core inflation at around 2% is essential.