Core Viewpoint - The Governor of the Bank of Japan, Kazuo Ueda, has expressed his intention to continue raising the benchmark interest rate as the economy and inflation improve [1][3]. Group 1: Interest Rate Policy - Ueda stated that appropriate adjustments to monetary easing policies will help achieve inflation stability and long-term economic growth [1][3]. - The Bank of Japan raised the benchmark interest rate to 0.75% on December 19, marking the highest level in 30 years [4]. - Most observers expect the next interest rate hike to occur around mid-year, although some believe it may happen sooner due to the weak yen [4]. Group 2: Market Reactions - Following Ueda's comments, the yield on Japan's benchmark 10-year government bonds continued to rise, reaching the highest level since 1999, driven by market expectations of further rate increases [1][3]. - The yen's exchange rate against the dollar hit 157.30, its weakest level in two weeks, with market participants considering the 1 dollar to 160 yen threshold as a key factor in the Bank of Japan's recent rate decision [4]. Group 3: Upcoming Policy Decisions - The Bank of Japan is scheduled to announce its next policy decision on January 23 [2][4].
植田和男向银行家强调日本央行将继续加息的意图
Xin Lang Cai Jing·2026-01-05 05:00