Ueda & Takaichi Meet: Yen Volatility & Rate Hikes
Update: 2025-11-18
Description
Todays meeting between Bank of Japan Governor Kazuo Ueda and new Prime Minister Sanae Takaichi is highly anticipated, as they discuss potential interest rate hikes amidst a volatile yen and economic concerns. While Ueda hints at a possible rate increase, Takaichi advocates for government spending and caution. Their differing views have led to yen sell-offs and increased import costs, potentially impacting real wages. The meeting is set for 3:30 PM, with market expectations for a rate hike in December or January, despite recent economic contraction.
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