BOJ Governor avoids giving clear hint on Jan hike
- Posted on December 26, 2024
- By Business News Today
- 5 Views
BOJ Governor avoids giving clear hint on Jan hike
The speech comes after Ueda indicated last week that the BOJ may wait longer before raising rates, a view that surprised investors expecting a January move if the bank didn't act at its December meeting. The policy stance of President-elect Donald Trump was among the uncertain factors cited by Ueda at the time. The governor's unexpected dovishness triggered a slide in the yen and warnings from Japan's finance ministry about one-sided and speculative currency movements.