Japanese Minister of State for Economic and Fiscal Policy, Hiroshi Onishi, urges the Bank of Japan to explain the reasons behind raising interest rates.

Japanese Minister of Growth Strategy Toshiro Uchino told reporters that it is necessary to closely monitor economic trends. The Bank of Japan earlier raised interest rates to 0.75%. Uchino urged the Bank of Japan to provide detailed explanations to the public regarding the decision to raise interest rates. He expressed respect for the Bank of Japan's decision, while emphasizing the need to closely monitor the economic situation, including the impact of US tariff policies, continued inflation, and financial market trends. Uchino stated that it is important for the Bank of Japan to implement appropriate monetary policies to achieve strong economic growth while stabilizing inflation.