Kazuo Ueda - Truenewj

Bank of Japan chief vows to continue raising interest rates

amefika5 months ago02 mins

TOKYO, Jan 5 (Reuters) – Bank of Japan Governor Kazuo Ueda said on Monday the central bank will continue raising interest rates if economic and price developments move “in line with its forecasts.” Japan’s economy maintained a moderate recovery last year despite the impact of higher U.S. tariffs on corporate profits, Ueda said in a…

Analysis: BOJ sets short-term rate hike, yen could influence timing

amefika7 months ago04 mins

By Leika Kihara TOKYO (Reuters) – The Bank of Japan’s cautious governor has dropped unusually aggressive hints of an interest rate hike in December or January next year, with the timing likely to be influenced not only by the boost in wages but also by moves in the yen. The central bank kept interest rates…