Bank of Japan is poised to raise rates to a 30-year high despite economic weakness
CNBC·2025-12-18 17:44
Kazuo Ueda, governor of the Bank of Japan (BOJ), gestures to speak during a budget committee session at the lower house of parliament in Tokyo, Japan, on Tuesday, Dec. 9, 2025. Ueda said the recent pace of increases in Japans long-term bond yields is "somewhat fast," while adding that long-term yields should be determined by the market in principle. Photographer: Kiyoshi Ota/Bloomberg via Getty ImagesJapan's central bank on Thursday kicked off its last policy meeting of the year, with expectations that it w ...