- We want to take a little longer to see how US tariffs impact would affect Japan's economy
- Don't think there is a risk of falling behind the curve
- Need to work closely with government, will continue close communication
- Expects wage hikes in next year to be roughly equal to this year's one
It's funny how he continues to want to put off rate hikes with the reasoning of US tariffs. The story is getting a bit old now. And the yen continues to fall further on his comments here. USD/JPY is ramping up by 0.4% on the day now to 153.35. That's seeing the pair rise up to its highest since February and tees up a potential run up towards 155.00 next.