BOJ’s Uchida: US-Japan trade agreement is a big progress, helps reduce uncertainty

Forex Short News
  • Will reflect trade agreement in next economic outlook report
  • Uncertainty remains on tariffs impact towards the economy
  • There is always upside, downside risks to the outlook
  • Trade deal reduces uncertainty for Japan’s firms
  • But will need to monitor downside risks to the economy

This makes the upcoming BOJ meeting a little more interesting at least. While no rate change is expected, will the BOJ be brave enough to acknowledge better developments and subtly shift back to a more hawkish stance on rates?

This article was written by Justin Low at investinglive.com.