Bank of Japan chief vows to keep raising interest rates
Yahoo Finance·2026-01-05 07:07

TOKYO, Jan 5 (Reuters) - Bank of Japan Governor Kazuo Ueda said on Monday the central bank will continue ​to raise interest rates if economic and price developments move ‌in line with its forecasts. Japan's economy sustained a moderate recovery last year despite the hit ‌to corporate profits from higher U.S. tariffs, Ueda said in a speech delivered to the country's banking sector lobby. "Wages and prices are highly likely to rise together moderately," Ueda said, adding that adjusting the degree of ⁠monet ...