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flag Bank of Japan Governor Ueda says interest rate hikes hinge on economic data and improvements.

flag Bank of Japan Governor Ueda stated that any interest rate hikes will depend on economic data and improvements, particularly in wages and inflation. flag He emphasized the need to monitor various risks before adjusting monetary support. flag Japan's markets opened this year with the yen slightly weakening against the US dollar. flag Ueda noted the importance of balanced wage and price increases in 2025.

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