BOJ’s Ueda signals further rate hikes as wage–price cycle strengthens

Summary BOJ’s Ueda signalled readiness to continue raising rates Further tightening depends on growth and inflation tracking forecasts Wage–price cycle seen as increasingly sustainable Monetary adjustment framed as supportive of long-term growth Signals reinforce Japan’s exit from deflation-era policy Bank of Japan Governor Kazuo Ueda reinforced expectations of further policy normalisation, signalling that the central […]