the BOJ raised short-term interest rates to 0.5% from 0.25% last week on the view Japan was making progress toward sustainably achieving its 2% inflation target. Ueda has described the moves as ...

TOKYO—Bank of Japan Gov. Kazuo Ueda on Friday promised to respond to abnormal rises in bond yields, as expectations for monetary tightening sent Japanese government bond yields to multiyear highs.

Bank of Japan Governor Kazuo Ueda said he held a regular meeting with Prime Minister Shigeru Ishiba to exchange views on the economy and financial markets ahead of a Group of 20 meeting next week.

Yields hit the highest level in 15 years last week. Bond Intervention Ueda reiterated the BOJ’s stance to intervene in the bond market in exceptional cases of rapid increases in bond yields.

BoJ's Governor Ueda: We will make a decision on monetary policy after scrutinising the impact of US policies on the global economy, markets, Japan's economy, and prices.

Ueda said the size of an interest-rate hike would depend on economic conditions, indicating that each increase wouldn't necessarily be limited to 25 basis points. The BOJ governor also stated the ...

Ueda said the BOJ's basic stance was to allow market forces to determine long-term interest rate levels, saying he would not comment on where yields would eventually converge. "We expect long-term ...

A clear deterioration in the global economy could hinder Ueda’s policy normalization, after the bank highlighted the external environment as a key point to watch. Japan’s bond yields have risen over ...