BOJ Governor Could Alter Cautious Stance to Prepare for Next Rate Hike -- Market Talk

Dow Jones10-31

0205 GMT - Bank of Japan Gov. Kazuo Ueda could adjust his recent cautious stance at a news conference this afternoon, given the possibility that the bank may raise interest rates as soon as at its next meeting in December, says SMBC Nikko Securities strategist Ataru Okumura. The BOJ would want to keep lifting rates to a neutral level "in an orderly process," Okumura says. "To achieve that, it is necessary to avoid any confusion in the bond and stock markets when it makes policy changes, by having the markets factor in the possibility of an interest-rate hike in advance." The BOJ is widely expected to keep rates unchanged at the upcoming meeting. (megumi.fujikawa@wsj.com)

(END) Dow Jones Newswires

October 30, 2024 22:07 ET (02:07 GMT)

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The BOJ would want to keep lifting rates to a neutral level \"in an orderly process,\" Okumura says. \"To achieve that, it is necessary to avoid any confusion in the bond and stock markets when it makes policy changes, by having the markets factor in the possibility of an interest-rate hike in advance.\" The BOJ is widely expected to keep rates unchanged at the upcoming meeting. 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Kazuo Ueda could adjust his recent cautious stance at a news conference this afternoon, given the possibility that the bank may raise interest rates as soon as at its ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2479716670","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479716670","pubTimestamp":1730340420,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0205 GMT - Bank of Japan Gov. Kazuo Ueda could adjust his recent cautious stance at a news conference this afternoon, given the possibility that the bank may raise interest rates as soon as at its next meeting in December, says SMBC Nikko Securities strategist Ataru Okumura. The BOJ would want to keep lifting rates to a neutral level \"in an orderly process,\" Okumura says. \"To achieve that, it is necessary to avoid any confusion in the bond and stock markets when it makes policy changes, by having the markets factor in the possibility of an interest-rate hike in advance.\" The BOJ is widely expected to keep rates unchanged at the upcoming meeting. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"日本央行行长可能改变谨慎立场为下一次加息做准备——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"USDJPY.FOREX":1},"content_text":"0205 GMT - Bank of Japan Gov. Kazuo Ueda could adjust his recent cautious stance at a news conference this afternoon, given the possibility that the bank may raise interest rates as soon as at its next meeting in December, says SMBC Nikko Securities strategist Ataru Okumura. The BOJ would want to keep lifting rates to a neutral level \"in an orderly process,\" Okumura says. \"To achieve that, it is necessary to avoid any confusion in the bond and stock markets when it makes policy changes, by having the markets factor in the possibility of an interest-rate hike in advance.\" The BOJ is widely expected to keep rates unchanged at the upcoming meeting. 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