Bank of Japan Governor Kazuo Ueda indicated that potential interest rate increases would not hinder Japan’s ongoing economic recovery. In his remarks, Ueda emphasized that monetary policy adjustments would be carefully calibrated to sustain growth while managing inflation expectations. He noted that recent economic indicators support a gradual shift away from ultra-loose policy, though the central bank remains committed to data-driven decisions. The comments aim to reassure markets that tighter policy will not disrupt Japan’s fragile rebound, particularly as wage growth and domestic demand show signs of improvement. Investors will watch upcoming inflation and employment figures for further clues on the timing of future rate moves.
— news from The Wall Street Journal
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Rate Hikes Wouldn’t Put Brakes on Japan’s Economy, BOJ’s Ueda Says The Wall Street Journal