Recent data on output gaps and price trends have strengthened the case for Japan's central bank to raise interest rates in April, according to Kenji Yamamoto, an economist at Daiwa Securities. According to Jin10, Yamamoto noted that despite ongoing inflation, Japan's economic supply and demand dynamics remain resilient. He emphasized that even if inflation appears to temporarily ease, there is no clear reason to delay the normalization of monetary policy as long as underlying price trends remain unchanged. These data points will assist Japan's central bank in tightening monetary policy in April, while maintaining cautious judgment, he added.