BOJ Governor Ueda's comments at news conference

Quick Summary:

:The Bank of Japan kept interest rates unchanged on Thursday but one dissenting board member's proposal to push up borrowing costs showed the central bank remains on track to tighten policy early next year.

We will need to make a decision based on what information we have at our disposal at each policy meeting".

We'll also look at other data and information, to make a comprehensive decision".DOES BOJ SEE 0.5 per cent AS PSYCHOLOGICAL CEILING FOR RATE HIKES? "I don't see 0.5 per cent as a specific ceiling.

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Article Details

Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Interest Uncertainty Data Rates Information Wage Policy Need Policies Japan Scrutinise

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-19 @ 14:47:36 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 730 words

Reading Time: 5 minutes read

Sentences: 40 lines

Sentence Length: 19 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 24546139

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