TOKYO -- Bank of Japan Governor Kazuo Ueda has toned down his hawkish rhetoric, as the central bank has enjoyed a rally in the value of the yen while facing a slowing U.S. economy.
Bank of Japan
BOJ Ueda turns dovish; possibility of year-end rate rise fades
Japan central bank takes wait-and-see approach amid US uncertainty
Following BOJ Governor Kazuo Ueda's announcement that rates will hold for now, analysts think the likelihood of a December rate rise has receded. (Photo by Satoko Kawasaki)
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