Reported about 19 hours ago
Bank of Japan Governor Kazuo Ueda has refrained from providing a definitive indication on a potential interest rate hike in January, stressing the necessity of monitoring economic risks. His recent comments, which suggest a cautious approach, have prompted a decline in the yen and raised market speculation, with traders estimating a 46% chance of a hike next month and an 82% probability by March. Ueda emphasized the importance of upcoming wage negotiations and the US economic outlook in guiding future monetary policy.
Source: YAHOO