BOJ Likely on Track for Rate Hike If Geopolitical Risks Fade -- Market Talk
Dow Jones03-19 16:17
0815 GMT - The Bank of Japan remains on track for an additional rate hike if uncertainties over the Iran conflict subside. Gov. Kazuo Ueda said at a news conference that domestic data released before the escalation in the Middle East have shown firmness in both the corporate and household sectors. The yen recovered some ground against the dollar following his remarks. The yen was recently trading at 159.10 per dollar, compared with around 159.70 immediately after the central bank's decision to keep interest rates steady. (megumi.fujikawa@wsj.com)
(END) Dow Jones Newswires
March 19, 2026 04:17 ET (08:17 GMT)
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