BOJ Seen Raising Rates This Week as Ueda Signals Next Step
Updated
Updated · The Japan Times · Sep 14
BOJ Seen Raising Rates This Week as Ueda Signals Next Step
3 articles · Updated · The Japan Times · Sep 14
Summary
A major analyst poll showed unanimous expectations that the Bank of Japan will raise interest rates at this week’s policy meeting, making the hike itself less of a market question than its follow-through.
Friday’s news conference by Governor Kazuo Ueda is now the focal point, with investors looking for clues on whether the BOJ will map out further increases or keep its guidance deliberately vague.
That uncertainty over the path after the expected move leaves markets parsing not just the rate decision from the two-day meeting, but the bank’s language on how firmly it intends to keep tightening.