Bank of Japan Deputy Governor Ryozo Himino said the central bank will carefully weigh incoming economic data against inflation risks when deciding on future interest rate moves. Speaking to business leaders in Tokyo on Thursday, Himino said policy decisions would reflect a thorough assessment of economic activity and price developments. He described the economy as recovering moderately but highlighted uncertainty around wage growth and consumption. His remarks indicate that the BOJ is in no hurry to raise rates again and wants more evidence that inflation is sustainably reaching its 2% target. After ending its negative interest rate policy earlier this year, the BOJ is now expected to pursue any further increases gradually and with clear communication. The approach could reduce the risk of surprise moves and support stability in Japanese equities and bonds, while making upcoming inflation and wage data more important for investors. A gradual policy path could also limit excessive yen volatility, although the currency will remain sensitive to global factors such as U.S. interest rates.