Bank of Japan Governor Kazuo Ueda: Does not rule out the possibility of a 50 basis point rate hike or consecutive rate hikes.
Bank of Japan (BOJ) Governor Kazuo Ueda stated at a press conference on Friday that there are no specific ideas regarding the pace of interest rate hikes, and policy will be decided after thorough discussion at each meeting, considering the timing and pace of policy adjustments. When asked about the possibility of a 50 basis point hike or consecutive hikes, he said he would not rule out any specific policy measures, depending on the inflation situation.
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