BOJ member warns against raising rates due to U.S. tariffs

From Yahoo Finance: 2025-05-16 00:23:00

Bank of Japan board member Toyoaki Nakamura urges caution in raising interest rates due to U.S. tariff impact on economy. Japan’s economy shrinks for the first time in a year, facing downward pressure. U.S. tariffs could trigger lower demand and prices, hindering future rate hikes. Japan seeks deal with U.S. to avoid 24% tariff on automobile exports. BOJ likely to hold rates steady through September to assess tariff effects.



Read more at Yahoo Finance: Dovish BOJ policymaker urges pause in rate hikes on US tariff uncertainty