Bank of Japan Governor: If the economic outlook is realized, interest rates will be raised

Bank of Japan Governor Kazuo Ueda delivered a speech in Nagoya, stating that if the economic outlook is realized, interest rates will be raised. The market is focused on his assessment of the spring wage negotiations and core inflation. Ueda indicated that even with interest rate hikes, the environment remains accommodative. Following the speech, the US dollar fell against the Japanese yen, the 10-year government bond yield rose to 1.84%, and the Tokyo Stock Exchange index saw an increase. Nomura Securities believes that if Ueda provides a positive assessment of wage negotiations and inflation, the market will interpret it as a signal for interest rate hikes. Investment should be approached with caution; this article does not constitute investment advice