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✉news BusinessBanking first seen 3 d ago, last 3 d ago, peak #27

BOJ's Ueda Fails to Push Back Against Bets Delaying October Rate Hike

Original: Ueda Does Little to Challenge Bets Against October BOJ Hike

Bank of Japan Governor Kazuo Ueda gave little indication he opposes market expectations that the central bank will skip a rate hike in October. His remarks left investors largely convinced the BOJ will hold off on raising interest rates next month, keeping focus on later meetings for the timing of the next move in Japanese monetary policy.

Why now: Traders are watching BOJ communication closely for signals on the timing of Japan's next interest rate hike.

Kazuo UedaBank of Japan

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