BOJ's Ueda Sounds Alarm on Economy and Inflation Risks

Bank of Japan Governor Kazuo Ueda expressed concerns about the impact of recent monetary policy changes on the Japanese economy. Speaking at a news conference after attending the G20 finance leaders' gathering, Ueda stated that he hoped to discuss these issues with his board during this month's meeting.

The BOJ has raised its policy rate five times so far, and Ueda emphasized the need for careful scrutiny of how these cumulative changes may affect the economy. He specifically mentioned the potential heightening of inflation risks as a topic for discussion.