Bank of Japan Governor Haruhiko Kuroda: If the economic outlook improves, the Bank of Japan will raise interest rates.
Bank of Japan Governor Kawaita Kao reiterated the central bank's position that it will raise interest rates if the economic outlook improves. Kawaita Kao made a brief speech at a financial conference held in Tokyo, stating that Japan's real interest rates are clearly low. For the Bank of Japan, it is important to closely monitor whether the economic outlook is achieved without preconceived notions, as the prospects face high uncertainty. Kawaita Kao expects that in the latter half of the three-year outlook period ending in March 2028, price trends will align with the Bank of Japan's target.
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