BOJ's Ueda to Decide on Rates and QT Strategy

Reported 3 months ago

Bank of Japan Governor Kazuo Ueda is set to announce key decisions regarding interest rates and quantitative tightening, facing scrutiny as these actions could impact global financial markets. With economists divided over a potential rate hike, Ueda's choices may signal a shift in the BOJ's stance as inflation aligns with forecasts. The yen has shown volatility, influenced by expectations of narrowing interest rate differentials with the US. The decision will be revealed at noon, followed by a press briefing.

Source: YAHOO

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