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After the BOJ's decision on Thursday to keep interest rates steady at 0.5%, Ueda said the timing for underlying inflation to converge toward the central bank's 2% target has been "pushed back ...
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BOJ to keep rates steady, cut growth forecastsAt the two-day meeting ending on Thursday, the BOJ is widely expected to keep short-term interest rates steady at 0.5%. Given growing headwinds from higher U.S. tariffs, the board is likely to ...
Those results echoed views expressed by BOJ rate-setters that U.S. President Donald Trump's sweeping tariffs have disrupted but not derailed the bank's endeavours for slightly tighter monetary ...
While U.S. tariffs are likely to hurt Japan's economic growth, the BOJ will continue to raise interest rates if the economy and prices improve after a period of stagnation, as the board projects ...
The assessment, to be included in its quarterly outlook report due on May 1, will underscore the BOJ's desire to keep alive market expectations of further interest rate hikes - even though the ...
The debate may be swayed by what BOJ Governor Kazuo Ueda heard in Washington last week, where the International Monetary Fund slashed its global growth forecasts and policymakers fret of further ...
"The bank needs to wait and see until developments in U.S. tariff policy have become somewhat settled," one of the BOJ's nine policy board members said at the April 30-May 1 meeting where the ...
The BOJ officials see the Trump administration’s tariff campaign and retaliatory actions against the US as likely to weaken Japan’s economy and possibly delaying progress toward the bank’s ...
The Bank of Japan (BoJ) is the central bank of Japan. Established under the Bank of Japan Act in 1882, it is a juridical entity and neither a government agency nor a private corporation.
Kazuo Ueda starting in March last year. His remarks counter a recent revival of market speculation over the chances of the BOJ raising borrowing costs this year. Some market participants renewed ...
According to the summary, a member of the BOJ's Policy Board said that the central bank "needs to wait and see until developments in the U.S. tariff policy have become somewhat settled." ...
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