BOJ governor Ueda: Timing of next rate hike could be swayed a lot depending on tariffs

  • Ueda continues to highlight US tariffs as the main source of their problems right now
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  • Tariffs could negatively impact corporate profits and wage negotiations next year
  • But it doesn't mean we have to wait for all of that to make a policy decision
  • Even when US tariffs are decided, the impact would be hard to read

This just reinforces his points from earlier, justifying that they have hit the pause button until there is further clarity on how Trump's tariffs are going to play out.

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