Central Banks

BOJ’s Ueda Indicates Next Meeting Is Live With Uncertain Outcome

  • Central bank chief again avoids clear hint on rate hike timing
  • Says watching yen’s impact on inflation and economy seriously
Kazuo UedaPhotographer: Akio Kon/Bloomberg
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Bank of Japan Governor Kazuo Ueda gave the clearest hint yet that the central bank’s next monetary policy meeting will involve a live discussion over whether to raise interest rates.

“It’s impossible to predict the outcome of the meeting at this point,” Ueda said in response to questions at a Europlace forum in Tokyo on Thursday. “The next meeting is December, but there’s still a month to go. The vast amount of data and information will become available between now and then.”