Institutions: The Bank of Japan remains committed to raising interest rates slowly, cautiously, and data-dependently.

PANews reported on December 19th that, according to Jinshi, Investinglive analyst Eamonn Sheridan stated that the Bank of Japan's unanimous decision to raise interest rates by 25 basis points underscores the general consensus among policymakers that there are reasons to take another step towards normalizing monetary policy under current conditions. The Bank of Japan hinted at its conditional openness to further tightening. Overall, the Bank of Japan's message is clear: monetary policy normalization is underway, but the central bank remains committed to a slow, cautious, and data-driven approach, without presupposing a future path for interest rate hikes.