BOJ 'not behind the curve' says Gov. Ueda after standing pat

Policy rate held at 0.5% amid tariffs, Takaichi impact; inflation outlook steady

The decision, led by BOJ Gov. Kazuo Ueda, follows a move by the U.S. Federal Reserve on Oct. 29 to cut interest rates for the second time this year as the labor market slows.

JADA NAGUMO

October 30, 2025 12:18 JST

Updated on October 30, 2025 18:09 JST

TOKYO -- Bank of Japan Gov. Kazuo Ueda said that the central bank is "not behind the curve" in dealing with inflation in an apparent rebuttal to recent remarks from U.S. authorities.