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BOJ will debate whether to hike rates next week, governor Ueda says

by January 16, 2025
written by January 16, 2025

TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will debate next week whether to raise interest rates, based on its fresh quarterly growth and inflation forecasts.

In remarks made at a meeting with regional bank executives, Ueda also said the new U.S. administration’s policy outlook and domestic firms’ wage negotiations with unions are key factors in deciding whether to raise rates.

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