Bank of Japan Governor Kazuo Ueda has mentioned that the upcoming monetary policy meeting in December will involve a live discussion about potential interest rate increases. Speaking at a Europlace forum in Tokyo, Ueda highlighted the uncertainty surrounding the outcome of the meeting, stating that it is impossible to predict at this point.
He also mentioned that a significant amount of data and information will be available in the month leading up to the meeting, which could impact the central bank's decision-making process. This is a crucial moment for the BOJ as it deals with the complexities of monetary policy in a changing economic landscape.