BOJ Chief Ueda Cautions on Japan's Economic Recovery

Amid signs of weakness, the Bank of Japan's Governor Kazuo Ueda offers a less optimistic outlook, signaling a cautious stance ahead of the policy meeting.

Bank of Japan Governor Kazuo Ueda provides a slightly less optimistic assessment of Japan's economic recovery, noting signs of weakness in consumption.
The central bank debates the future of its massive monetary stimulus, with a focus on whether conditions are ripe for phasing it out.
Recent data shows Japan narrowly avoided a recession in the last quarter, with a 0.4% growth, sparking discussions on ending negative interest rates.
Economists anticipate significant wage hikes in annual negotiations, potentially the largest in 31 years, influencing BOJ's policy decisions.
Finance Minister Shunichi Suzuki states Japan is not yet ready to declare victory over deflation, despite positive economic indicators.