According to CoinMeta, the Bank of Japan stated that the risks to economic growth are in equilibrium and warned that the core inflation rate could exceed the 2% target. The bank pledged to continue raising borrowing costs based on economic and price trends. The global demand for artificial intelligence has offset the negative impact of conflicts in the Middle East. Haruhiko Kuroda, the Governor of the Bank of Japan, will provide more details at a press conference scheduled for this afternoon.