- Japan's economy recovering moderately but with some weak signs
- Consumption trend is moving on a firm note
- Expects moderate recovery after slowdown as overseas economies are returning to growth
- Expects to continue raising interest rates if economy, prices move in line with forecasts
- Uncertainties over trade policies remain high
- Underlying inflation likely to stagnate for some period before reaccelerating gradually
Just some token remarks for the most part by Uchida. There's nothing here that really changes up the BOJ outlook for now. The central bank will meet again at the end of the month but chances are the next rate hike should only come in December at the earliest.
