IMF invites BOJ chief Ueda to speak on November 6

The International Monetary Fund has extended an invitation for Bank of Japan Governor Kazuo Ueda to present at their central banking lecture, set to take place on November 6, the IMF revealed on Friday. Following his presentation, Ueda will engage in a discussion with IMF Managing Director Kristalina Georgieva, as per the IMF's announcement published on their website.

However, the Bank of Japan has not yet formally confirmed Ueda's participation in the event. This lecture will follow the Bank of Japan's two-day policy meeting, which concluded on October 30, with an additional session scheduled for December 17-18. Many market observers anticipate that the Bank of Japan will raise interest rates again by the end of the year, having already implemented two rate hikes this year, including one in September.