Golden Finance reported that Bank of Japan Governor Kazuo Ueda said that Japan’s economy is recovering moderately, but there are still uncertainties and there are signs of weakness in some areas. Prices continue to remain high, foreign exchange has a greater impact on prices than in the past, and companies have stronger expectations for wage and price increases. He emphasized that more information on wage trends is needed and that loose policies will be adjusted based on the economic and price prospects. The decision to keep interest rates unchanged mainly takes into account wage trends and overseas economic uncertainty. In addition, he did not rule out the possibility of using unconventional monetary policies in the future and said he would pay close attention to financial and foreign exchange market developments. (Golden Ten)