BOJ's Ueda says central bank may need to respond if US tariffs hurt economy, Sankei reports


Bank of Japan Governor Kazuo Ueda. REUTERS/Kim Kyung-Hoon/File Photo

TOKYO: Bank of Japan Governor Kazuo Ueda said the central bank may need to take policy action if U.S. tariffs hurt the Japanese economy, the Sankei newspaper reported on Wednesday, signalling the potential to pause the bank's rate-hike cycle.

Since February, risks surrounding U.S. President Donald Trump's policies have "moved closer towards the bad scenario" the BOJ had envisioned, Ueda said in an interview, adding that recent developments have already affected corporate and household confidence.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business

Ringgit likely to trade cautiously next week ahead of key US data
Towards work-life mastery
Handling non-public info properly
Broadening Malaysia’s trade
US LNG exporters lead in gas use
Powering a new reinvestment cycle as demand surges
AI in the layman’s eye
Jinhua – a trading hub without borders
Asia bonds for diversification
Watts from water

Others Also Read