"Bank of Japan Governor Ueda Confirms Gradual Economic Recovery Ahead of Rate Decision"
Bank of Japan Governor Ueda stated that Japan's economy is recovering moderately, with some weak data observed, and consumption is improving moderately with hopes for higher wages. The focus is on whether a positive wage-inflation cycle is beginning, and the monetary policy decision will depend on comprehensive analysis of upcoming data, particularly wages data. The Bank of Japan will meet on the 18th and 19th to assess the situation.
