策略师：通胀数据支持加息，但全球风险让日本央行保持谨慎

Core Insights - The Bank of Japan has raised its CPI forecast for 2026, but the increase is moderate, indicating a cautious stance on inflation risks [1] - Despite the current inflation levels justifying a hawkish approach, the Bank of Japan remains vigilant regarding global risks, particularly U.S. tariff policies [1] - There is significant uncertainty in trade negotiations between Japan and the U.S. due to differing interpretations of tariff agreements [1] - Domestic political instability in Japan adds to the uncertainty, allowing the Bank of Japan's Governor Ueda to adopt either a dovish or hawkish stance based on external and internal factors [1]