币界网报道:According to IG Group analysts, the Bank of Japan (BOJ) faces the challenge of balancing persistent inflationary pressures with slowing economic growth. The price of rice, a staple food for Japanese households, has doubled over the past year, highlighting the severity of inflationary pressures. Core inflation has remained at or above the Bank of Japan's 2% target since April 2022, which has put increasing pressure on rate hikes. However, economic growth has deteriorated significantly, with GDP contracting by 0.2% annualized in the first quarter. And real wages fell 1.8% year-on-year due to rising inflation, which could curb consumer spending and further constrain economic growth. While the Bank of Japan is likely to keep interest rates unchanged at today's meeting, any tough guidance could provide significant support for the yen. Policy statements and press conference comments should be closely watched for hints about future tightening measures.