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Story summary
- The Bank of Japan Deputy Governor Shinichi Uchida signaled a possible rate hike to 0.75% at the Oct. 29-30 meeting if forecasts hold.
- He noted improving sentiment and profits despite U.S. tariffs.
- Ueda urged cautious rate increases, tied to wage growth and domestic demand.
- The Tankan survey shows improved confidence among manufacturers, reflecting reduced uncertainty from a Japan-U.S. tariff agreement.
