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Bank of Japan Governor Kazuo Ueda spoke during the central bank's press conference on Thursday, following the decision to maintain the main interest rate at 0.50% for the second consecutive meeting, about the reasons for this decision and why interest rates were not raised despite the recent acceleration in inflation growth, which was agreed upon by all members of the Monetary Policy Committee. In this context, Kazuo Ueda referred to the following statements:
Uncertainty about trade policies has sharply increased.
The Bank of Japan may continue to raise its