- Uncertainties on impact on the economy are still high even if tariffs are lower
- Unable to ignore risks on trade policies reversing wage-setting behaviour among firms
- Expects effects of trade policies to appear more
- Tariffs could affect corporate earnings, winter bonus and wage negotiations
He’s adamant in making a point that they’re put in a position to not consider rate hikes at the moment amid the above. Again as mentioned, the can looks to be kicked down the road to January 2026 at least. USD/JPY is now back up by 0.2% to 145.00 on the day.
This article was written by Justin Low at www.forexlive.com.