Reported about 21 hours ago
The Bank of Japan faces significant challenges in its rate-hike strategy due to rising tariffs impacting inflation and economic growth. Governor Kazuo Ueda highlighted a cautious approach, indicating that while food inflation and wage growth remain supportive of future hikes, the uncertain economic landscape may delay any rate increases. With inflation above the target but growth forecasts subdued, any decision to raise rates will depend heavily on market conditions and global economic pressures.
Source: YAHOO