[Uncut] BOJ postpones further interest rate hike, "more information needed" Governor Ueda to keep an eye on spring labor offensive and next US administration - 時事通信映像センター - World Latest Movie, Series, Videos and Trailers | fetery.com

[Uncut] BOJ postpones further interest rate hike, "more information needed" Governor Ueda to keep an eye on spring labor offensive and next US administration

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時事通信映像センター

Published on Dec 19, 2024

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At its monetary policy meeting on the 19th, the Bank of Japan left its target for short-term interest rates, its policy interest rate, unchanged at around 0.25%. At a press conference after the meeting, Governor Ueda Kazuo explained the reason for the postponement of an additional rate hike, saying, "We need more information about future wage trends in preparation for next year's spring labor offensive. There is also a great deal of uncertainty surrounding the economic policies of the incoming Trump administration," so he avoided making a hasty decision. However, he said, "It is not the case that we cannot make a decision without waiting for specific data or events," indicating his intention to decide whether or not to raise interest rates at each meeting. [Jiji Press Video Center] Article → https://www.jiji.com/jc/article?k=202... #GovernorUeda #For purchasing Bank of Japan video materials, please contact Jiji Press Photo https://www.jijiphoto.jp

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