BoJ Gov Ueda says US tariffs likely to exert downward pressure on Japan, gloabl economies ...Middle East

Bank of Japan Governor Ueda

US tariffs likely to exert downward pressure on Japan, global economiesHard to say now how US tariffs will affect Japan’s price movesWill closely monitor US tariff impact on Japan, overseas economic and price developments in deciding monetary policyWe will scrutinise data, including from hearings, available at the time of each policy meeting to gauge US tariff impact on Japan’s economy, pricesWe will guide monetary policy appropriatlye from standpoint of sustainably achieving 2% inflation targetWhen external environment changes sharply, our growth and price forecasts will change, so will guide monetary policy accordingly in appropriate manner This article was written by Eamonn Sheridan at www.forexlive.com.

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