Headline: BOJ's Kato: Scrutinizing Risks Stemming from a Weaker Yen

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Headline: BOJ's Kato: Scrutinizing Risks Stemming from a Weaker Yen

The Bank of Japan (BOJ) Executive Director Takeshi Kato stated that the BOJ is carefully examining the upward risks stemming from rising import prices as the yen weakens. Kato emphasized that while the BOJ does not target exchange rate levels in guiding its monetary policy, it is closely monitoring these risks and is observing the U.S. economy, presidential elections, and the Fed's actions "extremely comprehensively."