Reported 4 months ago
A summary of the Bank of Japan's recent policy meeting indicates that some board members believe there is potential to resume interest rate hikes after a pause, depending on the stabilization of U.S. tariffs. Despite concerns about U.S. tariffs impacting Japan's economy, some members noted that these issues might not derail the BOJ's goal of achieving a 2% inflation target. The bank maintained steady interest rates at 0.5%, cutting growth forecasts due to uncertainties, while noting that economic conditions could change rapidly based on developments in U.S. trade policy.
Source: YAHOO