Bank of Japan Governor Ueda

  • will raise rates and adjust degree of monetary support if improvement in economy and price conditions continues
  • will make a decision next week
  • watching developments in the US economy
  • momentum heading into spring wage negotiations is crucial

That second point - the Boj meet on 23 and 24 January

USD/JPY drops a little

usdjpy 15 January 2025 Bank of Japan Governor Ueda 2