Bank of Japan Governor Kazuo Ueda indicates potential interest rate hikes, contingent on sustained economic growth and inflation. The BoJ emphasizes a data-driven, flexible monetary policy approach. Key factors include wage growth and inflation stability, with any hikes potentially strengthening the yen but posing risks to exporters. Japan may be at a turning point in monetary policy after decades of low rates, balancing growth and inflation targets. Events ahead will hinge on economic data.