Reported 1 day ago
Bank of Japan Governor Kazuo Ueda reminded bankers of potential benchmark rate increases if Japan's economy continues to improve. Speaking at a Tokyo conference, Ueda indicated that the timing of any rate hike would depend on current economic conditions and inflation. Market speculation rose that rates may not increase in January, following recent dovish comments from Ueda. The upcoming BOJ policy meeting on January 23-24 is anticipated to be closely monitored for further hints on rate adjustments.
Source: YAHOO