Bank of Japan said Governor Kazuo Ueda has been hospitalized and may miss the June 15-16 policy meeting; the yen fell to a near six-week low against the dollar. The BOJ expects Ueda to be hospitalized for about two weeks to treat an infected liver cyst but said he will continue to perform duties remotely as needed. Markets broadly expect the BOJ to raise rates next week; attention is on whether the central bank will signal further tightening.

2026-06-10

Bank of Japan said Governor Kazuo Ueda has been hospitalized and may miss the June 15-16 policy meeting; the yen fell to a near six-week low against the dollar. The BOJ expects Ueda to be hospitalized for about two weeks to treat an infected liver cyst but said he will continue to perform duties remotely as needed. Markets broadly expect the BOJ to raise rates next week; attention is on whether the central bank will signal further tightening.