Reported about 12 hours ago
At a recent news conference, Bank of Japan Governor Kazuo Ueda maintained the current interest rates while downgrading growth forecasts due to uncertainties surrounding U.S. tariffs. Despite challenges, he expects inflation to remain on course to reach the 2% target over the next few years, albeit with potential delays. Ueda highlighted concerns about global trade dynamics and emphasized the need for a cautious approach to monetary policy amid fluctuating economic conditions.
Source: YAHOO