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There is risk that wage outlook could change significantly due to tariffs impact - Ueda

There is risk that wage outlook could change significantly due to tariffs impact - Ueda

Central Banks
By Justin Low
03/06/2025 | 08:10 GMT
  • Further remarks on the day by Ueda
  • Japanese firms' wage and price-setting behaviour could change significantly due to tariffs impact
  • BOJ bond buying is exerting intended effect on improving bond market functionality
  • Many bond market players in recent meeting shared BOJ view on that
  • BOJ must continue to balance predictability and flexibility with regards to bond taper plan in April 2026

USD/JPY continues to sit around 142.80 levels on the day, not too much changed since Ueda began speaking about 20 minutes ago.

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