BOJ's Nakamura calls for pause in rate hikes on US tariff uncertainty

BOJ's Nakamura calls for pause in rate hikes on US tariff uncertainty

TOKYO :The Bank of Japan must hold off raising interest rates for the time being, its board member Toyoaki Nakamura said on Friday, warning of growing downward pressure on the economy from higher U.S. tariffs.Nakamura, known as the most dovish member of the board, said the central bank must guide monetary pol

Bank of Japan (BoJ) Policy Committee member Toyoaki Nakamura said on Friday (16) that the institution should stop the monetary tightening cycle due to the impacts of tariffs imposed by the United States on the Japanese economy. “Given the common concern about the effects of US tariff policies, it is crucial to carefully evaluate developments in corporate profits, business fixed investment and wage increases,” Nakamura said during an event in Fuk…

Dovish Bank of Japan policymaker urges pause in rate hikes on US tariff uncertainty

The Bank of Japan must hold off raising interest rates for the time being, its board member Toyoaki Nakamura said on Friday, warning of growing downward pressure on the economy from higher US tariffs.

BOJ’s Nakamura calls for pause in rate hikes on US tariff uncertainty - Regional Media News

By Leika Kihara and Chang-Ran Kim TOKYO (Reuters) -The Bank of Japan must hold off raising interest rates for the time being, its board member Toyoaki Nakamura said on Friday, warning of growing downward pressure on the economy from higher U.S. tariffs. Nakamura, known as the most dovish member of the board, said the central bank must guide monetary policy “cautiously” with due attention to how extremely high uncertainty over U.S. trade policy c…