Japan's Katayama: No Impact on BoJ Policy Meeting Despite Ueda's Hospitalization

Japan’s Finance Minister Satsuki Katayama clarified on Friday that the Bank of Japan’s (BoJ) upcoming monetary policy meeting on June 15-16 will go ahead without disruption, despite Governor Kazuo Ueda’s hospitalization. Ueda is currently being treated for an infected liver, but his absence is not expected to affect the meeting’s agenda or decisions.

The BoJ’s policy gathering remains a key event for foreign exchange markets, as any shifts in Japanese monetary policy could impact the yen. Katayama’s reassurances aim to calm concerns about potential delays or procedural issues stemming from Ueda’s health condition.