BoJ Governor Ueda says price trend is rising gradually and underlying inflation is gradually accelerating towards the 2% target

Says:

• Will implement appropriate policy to maintain stable prices.
• Will guide monetary policy suitably to steadily and durably achieve the 2% price target.
• Expect underlying inflation to approach the target in the latter half of fiscal 2026 through fiscal 2027.
• Reaffirmed stance that it will act flexibly in exceptional situations when JGB yields suddenly rise.
• BoJ to conduct bond operations flexibly in exceptional cases.