Bank of Japan Deputy Governor Uchida
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Will raise interest rates if underlying inflation heightens against background of continued improvements in economy
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We will examine, without any preset idea, whether our economic, price forecasts laid out in our quarterly report will be achieved
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We will scrutinise at each meeting economic, price developments and risks including impact from U.S. tariffs
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Trump tariffs likely to put downward pressure on Japan, global economies
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There are various upside, downside impacts on prices that could come from Trump tariffs
- Trump tariffs could push down prices if they cool economy, but may push up prices via impact on global supply chains
- Trump tariffs could affect prices via market, FX moves
more to come
This article was written by Eamonn Sheridan at www.forexlive.com.
