Market strategists said Bank of Japan Governor Kazuo Ueda refraining from giving a decisive signal about the timing of a rate hike indicated that the BOJ may not be as hawkish as its split vote suggested.
Market strategists said Bank of Japan Governor Kazuo Ueda refraining from giving a decisive signal about the timing of a rate hike indicated that the BOJ may not be as hawkish as its split vote suggested.
Japanese yen banknotes arranged in Kyoto, Japan, on Tuesday, Jan. 27, 2026. The yen is now hovering around its strongest level since October after comments from Japanese officials fueled speculation that the government may intervene in the market to prevent the currency from resuming its slide. Photographer: Kentaro Takahashi/Bloomberg
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