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2025-10-17 08:28:32
Bank of Japan Governor Kazuo Ueda has not ruled out a rate hike, ahead of its month-end meeting. Bank of Japan Governor Kazuo Ueda said the central bank will continue tightening policy if confidence in the economic outlook grows, leaving the door open for a near-term rate hike. "Our stance remains unchanged," Ueda told reporters after attending the G20 meeting in Washington on Thursday. "If confidence in the economic outlook grows, we will adjust the degree of monetary easing." Since last year, the Bank of Japan has been scaling back its monetary stimulus through rate hikes and adjustments to its balance sheet policy. However, Ueda indicated he might wait until the very last minute before the next policy committee meeting. He said he plans to continue gathering information during the ongoing international conference and review the incoming data before the October 29-30 meeting.
