Business · Economy · 15 hrs ago

Ueda says BOJ will keep raising rates and adjust monetary easing

Ueda says BOJ will keep raising rates and adjust monetary easing

Ueda said the Bank of Japan will keep raising interest rates.

The Bank of Japan, or BOJ, is Japan’s central bank.

The statement also said the bank will adjust its monetary easing, its approach to supporting the economy.

It did not give details about the changes or a timetable.

The BOJ’s direction is toward higher rates, rather than an end to rate increases.

The statement gives no further information about what the bank will do next.

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UedaBank of Japan governor
BOJ to keep raising rates, adjust monetary easing
via Kyodo