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Today: April 22, 2025
Today: April 22, 2025

BOJ's Ueda sticks to rate-hike stance but signals focus on risks

FILE PHOTO: Bank of Japan (BOJ) Governor Kazuo Ueda attends a press conference after the central bank's policy meeting at BOJ headquarters in Tokyo
April 09, 2025
Reuters - Reuters

TOKYO (Reuters) - Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank will continue to raise interest rates if the economy keeps recovering, but will scrutinise "without pre-conception" whether its economic forecasts materialise.

"The economy and prices are moving roughly in line with our forecasts made in our quarterly report. But we need to pay due attention to risks, especially recent heightening uncertainty over developments in each country's trade policy," Ueda said in a speech.

(Reporting by Leika Kihara; Editing by Christopher Cushing)

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