BoJ: Underlying Inflation Approaching 2%

Financial Conditions Remain Accommodative - To Continue Raising Rates In Response To Economic, Price And Financial Conditions - To Assess Timing And Pace Of Further Hikes Against Baseline Outlook And Risks - To Scrutinise Impact Of Middle East Developments, AI Demand And FX - Accommodative Financial Environment To Continue Supporting Economic Activity After Rate Change - Says Increasingly Important To Stabilise Underlying Inflation Around 2% - Must Avoid Underlying Inflation Overshooting 2% Target