Bank of Japan Governor Ueda:
- Global, Japanese economic uncertainty has increased significantly due to US tariff policy\
- US tariff policy likely to put downward pressure on global, Japanese economies through various channels
- US tariffs likely to exert both upside, downside pressure on prices
- Impact on Japan’s economy will also depend largely on upcoming developments in U.S. tariff policy
- BoJ to take monetary policy decision to achieve 2% inflation target, while monitoring economic, price, and financial developments without any preconception
This article was written by Eamonn Sheridan at www.forexlive.com.
