A Bank of Japan board member, as reported by 'themainichi', expressed optimism that the 2% inflation target is 'finally in sight'. However, Governor Kazuo Ueda, highlighted by 'business' and 'Reuters', provided a more cautious perspective, indicating that the Bank's price target has not yet been achieved and that Japan's economy has not reached a situation where sustained achievement of this goal can be foreseen, as noted by 'CGTNOfficial'. Despite this, Ueda remains hopeful about Japan's economic recovery, expecting it to continue gradually, according to 'LiveSquawk'. He also mentioned a growing consensus on the possibility of a soft landing in the global economy, particularly in the US, which aligns with the Bank of Japan's projections made in January, as reported by 'LiveSquawk'.
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