Bank of Japan expectations survey via Bloomberg (gated).
In brief, nothing of much surprise:
- The Bank of Japan will keep interest rates at 0.5% and pause further hikes due to rising economic risks from US tariffs.
- New tariffs are expected to shave 0.5% off Japan’s GDP, delaying any rate hikes until at least October.
- Despite high inflation, the BOJ will move cautiously, balancing price control with avoiding a sharper economic slowdown.
