Central Banks
Ueda Says Figuring Out Next Rate Hikes 'Keeps Me Awake 24/7'
- BOJ governor speaks on policy, economy at IMF meetings
- Ueda sees potential risk in being excessively cautious
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Bank of Japan Governor Kazuo Ueda hinted that more interest-rate hikes are coming, saying that figuring out the right size and timing for further normalization of Japan’s easy monetary policy is his over-arching preoccupation.
“I think about what would be the right size of normalization in total going forward, and how best to allocate that total rate hikes across time,” Ueda said in answering questions Wednesday at an event in Washington, where he’s attending annual meetings of the IMF and World Bank. “That keeps me awake 24/7.”