Japan central bank chief says neutral rate will likely remain “in a wide range”
After the BOJ raised its policy rate, Gov. Kazuo Ueda avoided giving hints about the timing of the next increase, emphasizing that monetary policy will be adjusted “depending on developments in the economy and prices.”
JADA NAGUMO
December 19, 2025 12:21 JST
Updated on December 19, 2025 19:29 JST
TOKYO — The Bank of Japan on Friday decided to raise its policy rate to its highest level in three decades, encouraged by positive momentum in wage growth and the weakening yen. Gov. Kazuo Ueda, however, kept his explanation vague, saying the pace of rate hikes depends on economic as well as price developments, and that the neutral rate will likely remain in a wide range.