On September 24, Kazuo Ueda, the Governor of the Bank of Japan, indicated that if trend inflation continues to rise as anticipated, it would be appropriate to consider raising interest rates. According to BlockBeats, Ueda’s comments highlight the central bank’s ongoing assessment of inflationary pressures and their implications for monetary policy.

As inflation trends upward, the Bank of Japan remains vigilant in its approach, suggesting that adjustments to interest rates may be necessary to maintain economic stability. Investors and market participants will be closely watching for further developments in Japan’s monetary policy strategy.

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