Bank of Japan Governor Ueda comments:
- virtuous cycle strengthened gradually last year
 - plans to increase interest rates with continued economic improvements
 - timing on adjustment is dependent on economy and inflation
 - momentum for wage increases is key
 - must be vigilant to various risks in deciding timing for adjusting degree of monetary support
 - hopes that wage, prices increase at balanced pace in 2025
 
Japanese markets opened today for the first time in 2025.
The yen has lost some ground but USD/JPY has not pierced 158.00, yet at least: