Bank of Japan Deputy Governor Shinichi Uchida: Trade agreement increases the possibility of Japan's economy reaching expected levels.

Japan's Deputy Governor of the Central Bank, Shinichi Uchida, stated that the US-Japan trade agreement announced earlier in the day has increased the likelihood of Japan's economic performance aligning with the Bank's forecasts. Uchida said at a press conference on Wednesday that the possibility of achieving the targets is rising. He mentioned that the trade agreement is a significant step forward for the Japanese economy. Uchida pointed out that the upward risks to the economy from fiscal spending will depend on the scale of all stimulus plans. His baseline prediction is that wage growth will continue.