Recently, Bank of Japan policy board member Nakagawa Yoshiko made a series of important statements regarding monetary policy. She stated that the Central Bank of Japan still intends to further raise the Interest Rate, but at the same time expressed concerns about the potential impact of the United States raising tariffs.

Shunko Nakagawa particularly emphasized the importance of the short-term business survey results, believing that this will help assess the actual impact of trade negotiations on Japanese business confidence. It is worth noting that since January of this year, due to concerns that U.S. tariff policies may impact the economy, the Central Bank of Japan has maintained its policy interest rate at 0.5%.

However, with the recent trade agreement reached between the United States and Japan, economists generally predict that the Bank of Japan may soon restart the tightening process of its monetary policy. This prediction has increased market expectations for an imminent adjustment of policy by the Bank of Japan.

The Bank of Japan's Policy Board plans to hold a meeting from September 18 to 19, and the outcome of this meeting will be closely watched. Market participants will pay close attention to the results of the meeting to understand the Bank of Japan's assessment of the current economic situation and the direction of future monetary policy.

The recent statement by Nakagawa Junko, along with the upcoming policy meeting, adds uncertainty to the policy direction of the Bank of Japan. Market participants will continue to closely monitor the Bank of Japan's actions and their potential impact on the Japanese economy and global financial markets.