- Need to wait for US tariffs impact to become clearer
- Domestic factors show Japan’s economy making progress towards price target
- But external factors are applying huge stress to that goal
- US tariffs have yet to derail Japanese firms’ activity but there are risks it could falter
- Want to scrutinise those developments first before considering policy changes
There’s nothing new in the commentary here as they continue to allude to trade developments as hindering them from hiking rates again for now.
This article was written by Justin Low at www.forexlive.com.