Topic
4 articles
Bank of Japan Governor Kazuo Ueda said the central bank will closely monitor the effects of its June interest rate hike on the real economy before further policy moves. The step is part of the BOJ's normalization of monetary policy after years of ultra-low rates, but analysts caution about risks to a fragile recovery.
Bank of Japan Governor Kazuo Ueda has been discharged from the hospital, the central bank announced today. No details on the reason for hospitalization or treatment duration have been released. His return is considered a positive sign for financial markets and investors watching BOJ policy decisions.
Bank of Japan Governor Kazuo Ueda has been hospitalized for a liver cyst infection and will miss next week's monetary policy meeting. The BOJ has not yet named a replacement.
Bank of Japan (BoJ) Governor Kazuo Ueda said the central bank needs to 'thoroughly discuss' raising its policy rate at a meeting later this month, despite ongoing instability in the Middle East. Ueda emphasized that the BoJ will assess geopolitical impacts on Japan's economy, but rate decisions will still be based on inflation and growth outlooks. The May monetary policy meeting is set for May 29-30, with analysts expecting a cautious pace of rate hikes.
