Reported 2 days ago
Bank of Japan Governor Kazuo Ueda suggested that a decision on the next interest rate hike might be postponed as more data on wages and U.S. policies are needed, causing the yen to drop significantly against the dollar. Ueda's comments indicated that while he is cautious about moving too quickly, he is open to future rate adjustments depending on economic conditions, with potential decisions aimed for January or March 2025.
Source: YAHOO