Bank of Japan Governor Ueda stated that the central bank will continue to raise interest rates if its economic and price forecasts are realized. He characterized these potential hikes as necessary adjustments to the degree of monetary easing rather than a full shift to tightening. These remarks were previously made in the context of emphasizing the need for stable FX movements that reflect economic fundamentals. [Update 1] Subsequently, Governor Ueda confirmed that financial conditions currently remain accommodative, acknowledging that recent economic measures are expected to have a positive impact. He noted that the extent of inflation pressure is still under assessment. In parallel, new data reveals the BoJ's ETF holdings have reached a record market value of ¥83.2 trillion, marking an 18.5% increase in six months driven by the equity market rally. The portfolio now holds approximately ¥46 trillion in unrealized gains, underscoring the central bank's deep involvement in the asset market.