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flag Ueda signals cautious approach to future Bank of Japan rate hikes amid low rates.

flag Bank of Japan Governor Kazuo Ueda emphasized that low real interest rates and accommodative financial conditions must be considered before raising rates. flag He acknowledged that supply-driven inflation, such as from rising oil prices due to the Middle East conflict, is harder to address with monetary policy than demand-driven inflation. flag Ueda stated that policy decisions will be made based on the latest data at each meeting, signaling a cautious approach to future rate hikes.

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