BOJ's Ueda 'throws cold water' on expectations for early policy shift

Japanese central bank stands pat, keeps easing bias, sending yen weaker

20231219 Ueda

BOJ Gov. Kazuo Ueda arrives at the central bank on Dec. 19. (Photo by Suzu Takahashi) 

MITSURU OBE, Nikkei Asia chief business news correspondent

TOKYO -- The Bank of Japan on Tuesday kept its key policy levers unchanged despite expectations it will end its negative rate policy amid sustained inflationary pressure.

In its policy statement released after a two-day board meeting, the BOJ kept a line indicating its easing bias.

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