Macro Finance
Strategists Say Ueda’s Less-Hawkish Comments Weighed on Yen
Bloomberg Markets·September 18, 2026·1 min read
The yen extended losses after Bank of Japan Governor Kazuo Ueda's less-hawkish comments disappointed investors. The BOJ raised its benchmark rate by a quarter point to 1.25% in a split vote, but Ueda said the bank needed to avoid letting prices deviate above target and harming the economy. Strategists said his tone weighed on the currency.
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