BOJ set to keep interest rates steady as Trump risks cloud outlook
- The Bank of Japan kept interest rates unchanged at 0.5%, citing uncertainty over how U.S. Tariffs might impact the economy.
- Japanese manufacturers' business mood declined in March amid uncertainty over Trump's tariff plans, as reported by a Reuters poll.
- Fears of a global slowdown linked to U.S. President Donald Trump's tariffs overshadowed positive Japanese wage and price data, according to the BOJ's statement.
- The Organisation for Economic Cooperation and Development projected a slight global growth slowdown due to the effects of Trump's tariffs.
10 Articles
10 Articles
BOJ set to keep interest rates steady as Trump risks cloud outlook
TOKYO : The Bank of Japan is set to keep interest rates steady on Wednesday, as policymakers spend more time gauging how prospects of higher U.S. tariffs would affect the export-reliant economy.The recent market rout and fears of a global slowdown caused by U.S. President Donald Trump's tariff policy are
BOJ Keeps Interest Rates Steady as Trump Risk Looms
Tokyo March 19 2025: The Bank of Japan kept interest rates steady on Wednesday in a widely expected move, as policymakers chose to spend more time gauging how prospects of higher U.S. tariffs would affect the export-reliant economy. The decision came as fears of a global slowdown caused by U.S. President Donald Trump’s tariff policy overshadow wage and price data showing Japan making progress in durably achieving the BOJ’s 2% inflation target. H…
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