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BOJ deputy governor Uchida says that Ueda absence not a big impact on decision today

Bank of Japan Deputy Governor Uchida said Governor Ueda’s short absence due to hospitalization is not affecting today’s policy decision, and the BOJ’s broader policy stance remains unchanged. The remarks suggest the central bank had already priced in the situation through prior communication, limiting any immediate market impact. The article also points to the next key catalyst being the post-summer period: the BOJ is not expected to change policy in July, but the chance of another rate hike rises toward the October meeting. Overall, the news is mildly supportive for continuity in BOJ policy expectations and keeps attention on future tightening rather than today’s decision.

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