www.bloomberg.com
Bank of Japan Governor Kazuo Ueda maintained a balanced stance on interest rate hikes after holding benchmark rates steady and raising the inflation outlook. His ambiguous comments initially pushed the yen lower against the dollar, though the Japanese currency quickly rebounded in a sharp turnaround. Despite elevated inflation, the central bank signaled no immediate rush to tighten policy, keeping markets guessing on the timing of the next rate move. The BoJ remains cautious while monitoring wage growth and economic recovery.
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