Japan’s BOJ says proceed with policy normalization only with strong data support
Bank of Japan Governor Kazuo Ueda stated that the central bank will closely study incoming economic and inflation data before deciding on a rate hike at its October meeting. He noted that while global growth is holding up, trade-policy spillovers and domestic uncertainty require caution. Ueda emphasized there is not much divergence in his current views vs earlier ones, and signaled a conditional approach to normalization. The stance underscores BOJ’s balancing act between anchoring inflation and preserving growth.
neutral
2 days ago
Japan’s BOJ says proceed with policy normalization only with strong data support
Bank of Japan Governor Kazuo Ueda stated that the central bank will closely study incoming economic and inflation data before deciding on a rate hike at its October meeting. He noted that while global growth is holding up, trade-policy spillovers and domestic uncertainty require caution. Ueda emphasized there is not much divergence in his current views vs earlier ones, and signaled a conditional approach to normalization. The stance underscores BOJ’s balancing act between anchoring inflation and preserving growth.
neutral
Japan’s BOJ says proceed with policy normalization only with strong data support
3 days ago
1 min read
78 words
BOJ will base rate decision on strong data, moving cautiously amid uncertainty and global headwinds.
Bank of Japan Governor Kazuo Ueda stated that the central bank will closely study incoming economic and inflation data before deciding on a rate hike at its October meeting. He noted that while global growth is holding up, trade-policy spillovers and domestic uncertainty require caution. Ueda emphasized there is not much divergence in his current views vs earlier ones, and signaled a conditional approach to normalization. The stance underscores BOJ’s balancing act between anchoring inflation and preserving growth.
Bank of Japan Governor Kazuo Ueda stated that the central bank will closely study incoming economic and inflation data before deciding on a rate hike at its October meeting. He noted that while global growth is holding up, trade-policy spillovers and domestic uncertainty require caution. Ueda emphasized there is not much divergence in his current views vs earlier ones, and signaled a conditional approach to normalization. The stance underscores BOJ’s balancing act between anchoring inflation and preserving growth.