BOJ governor Ueda: There are still large uncertainties regarding US tariffs policy

  • Ueda says US tariffs policy have expanded rapidly in the past month
  • Will keep scrutinising impact of US trade policy on global, Japanese economy

The BOJ isn't the only major central bank affected in their decision-making when it comes to Trump's tariffs. But the emphasis here shows that Ueda is trying to outline a key risk, which is consistent with his earlier remarks i.e. not teeing up the next rate hike in May just yet.

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