The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis and revised up its ...
Almost from the moment he was sworn in as Bank of Japan governor, Kazuo Ueda sounded like a guy who wanted to be done with negativity. It just wasn’t obvious why. As the BOJ this week considers ...
Ueda last month cited uncertainty over U.S. President-elect Donald Trump's economic policies and Japan's domestic wage outlook as reasons to hold off raising interest rates. The BOJ has repeatedly ...
"There was a lot of positive talk on the wage outlook" when the BOJ's regional branch managers met last week, Ueda said. "We are currently analysing data thoroughly and will compile the findings ...
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Ueda’s comments prompted Nomura to shift its call for a hike next week from its previous forecast for March. Overnight index swaps show a 72% chance of a quarter-point rate increase at the BOJ ...