[Institution: Yen Depreciation Likely to Trigger Verbal Intervention, Bank of Japan Keeps Rate Hike Door Open] Jin10 News, March 19 – Analysts at Mitsubishi UFJ Morgan Stanley Securities stated that the Bank of Japan's policy statement reflects an inherent need to address excessive yen depreciation through verbal intervention. In a statement released alongside the interest rate decision, the central bank expressed concerns over rising oil prices and pledged to closely monitor the potential for increasing energy costs to accelerate inflation. Analysts noted that, from the perspective of curbing further yen depreciation, the Bank of Japan may aim to maintain a stance that keeps the door open for continued rate hikes.