Bank of Japan Deputy Governor Uchida Says Rate-Hike Timing Will Consider Middle East Conflict Impact

Bank of Japan Deputy Governor Shinichi Uchida said the central bank will consider the timing and pace of further interest rate hikes while assessing the impact of the conflict in the Middle East. According to Jin10, Uchida said the Bank of Japan will review how the Middle East situation affects conditions as it evaluates when and how quickly to raise rates further.