Reported about 20 hours ago
The Bank of Japan's Governor Kazuo Ueda hints at a possible interest rate hike in December or January, contingent on wage growth and the yen's performance. While maintaining the current 0.5% rate, Ueda's statements suggest an increased probability of tightening monetary policy, especially given recent wage negotiations and external pressures. Analysts predict that the timing of any hike may depend largely on the yen's movements and upcoming economic data.
Source: YAHOO