BOJ's Ueda Maintains Rate Hike Strategy Amid Economic Uncertainty

Reported about 2 months ago

Bank of Japan Governor Kazuo Ueda reiterated the possibility of future rate hikes, emphasizing the need for economic and price stability in alignment with forecasts. Despite recent market turmoil, Ueda downplayed the BOJ's role, citing concerns over the US economy as the primary driver. He signaled that while careful monitoring of financial markets is essential, the central bank is prepared to continue adjusting its monetary policy if conditions improve.

Source: YAHOO

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