[The Bank of Japan Does Not Believe Growth Risks Are Tilted to the Downside, AI Demand Mitigates Geopolitical Drag] BlockBeats News, July 31: The Bank of Japan continues to warn that the core inflation rate may exceed the 2% target and has pledged to continuously raise borrowing costs based on economic and price trends. The bank also adjusted its assessment of the balance of economic growth risks, stating that risks are balanced rather than tilted to the downside. This indicates that the drag caused by Middle Eastern conflicts is less severe than initially feared by authorities, as the global growth in demand for artificial intelligence has acted as a buffer, alleviating the impact. Overall, the Bank of Japan's statement suggests that the persistent weakening of the yen may exacerbate inflationary pressures, and it is expected to adjust interest rates again. Investors are increasingly anticipating that the Bank of Japan will raise rates before October, and Governor Kazuo Ueda may provide clues supporting this view during the press conference held this afternoon.