Economic news

BOJ will debate whether to hike rates next week, governor Ueda says

2025.01.15 23:09

© Reuters. FILE PHOTO: Bank of Japan Governor Kazuo Ueda attends a press conference after its policy meeting in Tokyo, Japan July 31, 2024. REUTERS/Issei Kato/File Photo

TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will debate next week whether to raise interest rates, based on its fresh quarterly growth and inflation forecasts.

In remarks made at a meeting with regional bank executives, Ueda also said the new U.S. administration’s policy outlook and domestic firms’ wage negotiations with unions are key factors in deciding whether to raise rates.



Source link

Related Articles

Back to top button