Bank of Japan Deputy Governor Uchida gave a speech in Nara City, stating that the probability of achieving the 2% price target is gradually increasing. However, he expressed his intention to maintain an accommodative financial environment.
In the financial market, there is a growing view that the Bank of Japan is nearing the time to take a change in its monetary easing measures, such as lifting its negative interest rate policy, he said. He indicated that he would consider changes in policy after examining such data.