Bank of Japan (BOJ) Governor Kazuo Ueda has indicated that a rate hike in July is naturally possible, contingent on incoming economic data. This statement suggests that the BOJ is considering a shift in its monetary policy, which has been characterized by low interest rates for an extended period. The potential rate hike is seen as a response to evolving economic conditions and data metrics. The USDJPY currency pair could be impacted by this potential policy change.
*BOJ'S UEDA: POSSIBLE TO RAISE RATE IN JULY DEPENDING ON DATA
BOJ'S UEDA: POSSIBLE TO RAISE RATE IN JULY DEPENDING ON DATA
🇯🇵BOJ Ueda says it is possible to raise rate in July, depending on data. $USDJPY #Japan
BOJ'S GOVERNOR UEDA: IT'S POSSIBLE TO RAISE THE RATE IN JULY DEPENDING ON DATA.
⚠️ BOJ GOV UEDA: RATE HIKE IN JULY IS NATURALLY POSSIBLE DEPENDING ON DATA
BoJ Gov Ueda: Rate Hike In July Is Naturally Possible Depending On Data
BOJ'S GOVERNOR UEDA: A RATE HIKE IN JULY IS NATURALLY POSSIBLE DEPENDING ON DATA.