Reported 22 days ago
Bank of Japan Governor Kazuo Ueda faces the challenge of signaling future interest rate hikes while maintaining current policies, amid market volatility and a leadership election in Japan. Economists expect the BOJ to hold the benchmark rate steady at 0.25% but anticipate a potential increase by December, emphasizing the need for clear communication following criticism after previous market upheavals. Ueda's upcoming meeting presents an opportunity to either reassure markets or hint at earlier hikes while navigating the complexities of global economic influences.
Source: YAHOO