BOJ’s Ueda vows to keep raising interest rates amid higher wages, inflation in World Economy News 06/01/2026 Bank of Japan Governor Kazuo Ueda said on Monday that the central bank will continue to raise interest rates if wages, growth, and inflation continue to move in line with its forecasts. Speaking at a banking conference, Ueda said the Japanese economy remained resilient, and that wages and prices were likely to “rise together moderately.” For more top Japanese stock picks, subscribe to InvestingPro. Get more than 50% off today! Ueda largely reiterated comments made after the BOJ’s December meeting, where the central bank to a 30-year high. The hike was the BOJ’s third such move after it kicked off an unprecedented tightening cycle in 2024. But Ueda noted that monetary conditions still remained supportive, and that the central bank was likely to raise interest rates further if inflation and the economy picked up in line with the BOJ’s forecasts. The BOJ is now set to meet on January 22 and 23, where the central bank is also set to update its economic forecasts. Ueda’s comments did little to stem a prolonged decline in the , as the currency was battered by increasing doubts over Japan’s fiscal health. Weakness in the yen factors into higher inflation, and is also expected to push the BOJ into raising interest rates further. Focus is also on whether Tokyo will intervene in currency markets to support the yen. Source: Investing.com 2026-01-06 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share