Economic Recovery and Challenges Ahead

Bank of Japan (BoJ) Governor Kazuo Ueda, during a recent press conference, acknowledged the country's moderate economic recovery while pointing out the persistent weaknesses. Ueda emphasized the BoJ's commitment to adjusting its monetary policy to ensure the realization of economic and price outlooks, despite high uncertainties surrounding Japan's economy, prices, and global trade policies.

Wage Trends and Economic Momentum

On the topic of wages, Ueda noted that the current trends align with the BoJ's outlook. He highlighted the positive momentum of wage increases, which is also benefiting smaller companies, indicating a broader impact on the economy.