Markets Brace for Japan’s Monetary Pivot
Bank of Japan Governor Kazuo Ueda, during a meeting in Nagoya on Monday, December 1, 2025, delivered what many analysts consider the most critical speech of recent years for currency markets and beyond. The central bank will examine the pros and cons of a rate hike at the meeting on December 19. Japan has maintained interest rates near zero for almost 30 years, oscillating between persistent deflation and economic stagnation; its policy has never changed. Due to this, such
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