BOJ chief Ueda's remarks during the press briefing

Bank of Japan Holds Rates, Signals Confidence in Economic Outlook

The Bank of Japan has revised its economic growth projection upward and reaffirmed its strong inflation expectations, even as it left interest rates unchanged on Friday. This move reflects the central bank's belief that a steady economic recovery will support the case for gradually increasing its relatively low borrowing rates in the future.

During its two-day policy meeting, which concluded on Friday, the BOJ opted to keep its main policy rate at 0.75 percent—a decision that matched market expectations after the rate was previously raised from 0.5 percent in December.

Below are selected remarks from BOJ Governor Kazuo Ueda, shared during his post-meeting press conference, as translated by Reuters:

"Not much time has ..."