植田和男：随着基础通胀上升，未来将进一步加息

Odaily Planet Daily News: Bank of Japan Governor Kazuo Ueda stated on Wednesday that Japan's economic growth may slow down, but it will continue to recover moderately. The risk of inflation exceeding 2% remains. The Bank of Japan will continue to raise interest rates based on economic, price, and financial conditions, and will consider the timing and pace of rate hikes while assessing the impact of the conflict in the Middle East. He stated that after the recent rate hike, the financial environment remains accommodative, continuing to support economic activity.

Regarding inflation, it is expected that the central bank will continue to raise interest rates as underlying inflation approaches 2%. The timing and pace of future rate hikes will be carefully examined based on the likelihood of achieving baseline forecasts and associated risks. Additionally, against the backdrop of high oil prices, potential inflation may exceed the Bank of Japan's 2% target. He also mentioned that the Bank of Japan must closely monitor developments in the Middle East, the profitability of investments related to artificial intelligence, and the potential impact of overseas non-bank financial institution activities on Japan's financial system. Ueda stated: "Overall, Japan's financial system remains stable." The above speech was read on his behalf by Bank of Japan Deputy Governor Ryozo Himino. (Jin Shi)