BOJ Governor Ueda Signals December Rate Hike, Leaves Path Unclear
Governor Kazuo Ueda has all but locked in a December rate hike, while uncertainty over the neutral rate leaves investors unsure how far policy could tighten afterward.
By Leika KiharaBank of Japan Governor Kazuo Ueda has all but locked in a December rate hike, but left investors guessing how much further it could go once rates approach neutral territory, a largely unfamiliar setting after decades of ultra-loose policy.Beneath the BOJ's hawkish message lies the ch…