Kazuo Ueda

Another said the bank should act in a timely manner and avoid being overly cautious given the risk of rising prices.

BOJ Governor Ueda Kazuo said in October the underlying inflation rate had reached the bank's 2% target.

He also said it was important to keep the rate stable around that level.

Next, a bank in France has become the latest target in a spate of cyber attacks in Europe.

The Japanese memory maker Kioxia Holdings shares tumbled more than 17% in Tokyo this morning after their cautious outlook added to concerns that this explosive growth driven by artificial intelligence might actually be levelling off.

And of course, after the BOJ decided against raising rates at last week's meeting, as they want to scrutinise economic and price developments a little bit more, the Bank of Japan's Governor, Kazuo Ueda, has all but locked in a December rate hike now, and that's left investors guessing how much further they can go once rates approach neutral territory.

All right.

Now, apart from keeping an eye on the results of the US midterm elections, what should investors be paying attention to this week?

The Bank of Japan kept interest rates unchanged at 1.25% but announced plans to accelerate sales of its exchange-traded fund holdings from January 2027.

Governor Kazuo Ueda cautioned that sustained price stability has not yet been secured.

After decades of extraordinary measures to combat deflation, Japan is gradually withdrawing financial support while seeking to maintain stable inflation.

The transition carries wider implications for international markets and monetary policy.

The verified developments on Friday completed sell-off and the corporate results that investors were assessing.

bank of japan holds rates while sharpening its inflation focus the bank of japan kept interest rates steady on october 13 while signaling attention to inflation rest reuters reported that the central bank considered underlying inflation to have roughly reached its two percent target following the campaign last link Lasting nearly 14 years, Gov. Kazuo Ueda said policy would be debated to its meeting including December.

Reuters intercepted that the communications living room for another increase as soon as that meeting.

that is impossible our possible next step not an announced rate increase the decision actually taken on friday was to hold rates unchanged for household and business the decision or the distinction matters because higher rates can increase borrowing costs while hold leaves the policy setting in a place row The CFS emphasizes was toward keeping inflation anchored around the target rather than continuing to describe reaching the target as an unfinished object.

The BOJ left its policy rate unchanged at around 1.25% at the conclusion of its two-day meeting on Friday.

And Governor Ueda Kazuo commented on the outlook for future rate hikes.

The bank will consider the timing and pace of adjustment while examining the likelihood of realizing the baseline scenario of the outlook for economic activity and prices and the risks to the outlook, including the impact of factors such as the situation in the Middle East, the expansion in AI-related demand, and developments in foreign exchange rates.

Okay, an expert on the BOJ's thinking says the next rate hike could come in December.