BOJ Governor Ueda Signals Rate Hike in July is Naturally Possible

Bank of Japan (BOJ) Governor Kazuo Ueda has indicated that a rate hike in July is naturally possible, contingent on incoming economic data. This statement suggests that the BOJ is considering a shift in its monetary policy, which has been characterized by low interest rates for an extended period. The potential rate hike is seen as a response to evolving economic conditions and data metrics. The USDJPY currency pair could be impacted by this potential policy change.