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Ueda: Toward the Achievement of the Price Stability Target Accompanied by Wage Increases
It is a great honor to have this opportunity to address such a distinguished gathering of business leaders in Japan today. 2026 is now just a week away. Looking back over the past twelve months, Japan's economy has shown resilience, having continued to recover moderately despite downward pressure on corporate profits stemming from the impact of U.S. tariff policies. Against this backdrop, at the Monetary Policy Meeting (MPM) held last week, the Bank of Japan decided to raise the policy interest rate for the first time since January this year. In this regard, I would like to begin my speech today by briefly explaining ... (full story)