ChainThink report, December 1, according to Jinshi Data, Bank of Japan Governor Kazuo Ueda stated that the Japanese economy is experiencing moderate recovery, with inflation expected to briefly fall below 2% in the first half of FY2026 before accelerating again, and then broadly aligning with the 2% target during the latter half of the outlook period. He noted that the trend of synchronized wage and price increases has strengthened, and the impact of exchange rates on prices has increased. To achieve the price stability target, the Bank of Japan will adjust its accommodative policy as needed. If economic and inflation trends continue to improve, the Bank of Japan will consider further rate hikes.