Bank of Japan Governor Kazuo Ueda attends a press conference after their policy meeting at BOJ headquarters in Tokyo, Japan December 19, 2023. REUTERS/Issei Kato
TOKYO: Bank of Japan Governor Kazuo Ueda said on Tuesday the economy was recovering but also showing some signs of weakness, offering a slightly bleaker assessment than in January in a nod to a recent batch of soft data on consumption.
The remarks come ahead of the central bank's policy meeting next week, where the board will debate whether the outlook is bright enough to phase out its massive monetary stimulus.
