Ueda signals BOJ open to rate hike as inflation risk mounts
Bank of Japan
Central bank stands pat in split vote, boosts inflation forecast to 2.8% amid Iran war and higher oil prices
Bank of Japan Governor Kazuo Ueda spoke to reporters after an unusual split policy meeting on April 28. (Photo by Nanami Sato)
JADA NAGUMO
April 28, 2026 12:21 JST
Updated on April 28, 2026 18:36 JST
TOKYO — In a divided vote, the Bank of Japan decided to hold its benchmark interest rate steady on Tuesday while significantly raising its inflation outlook for the current fiscal year.
