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BOJ to debate economic risks from Trump trade war, rates seen steady
The Bank of Japan is set to keep interest rates steady next week and discuss just how much of a risk the escalating U.S. trade war poses to the export-reliant economy, which will be key to the timing of its next rate hike. The market rout and fears of a global slowdown caused by U.S. President Donald Trump's tariff policy are overshadowing wage and price data showing Japan is making progress towards durably achieving the BOJ's 2 per cent inflation target. Having just raised interest rates in January, the BOJ is set to maintain its short-term policy rate at 0.5 per cent at a two-day meeting that ends on Wednesday. ... (full story)
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- Posted: Mar 14, 12:24am (34 hr ago)
- Submitted by:Category: Fundamental AnalysisComments: 2 / Views: 1,468
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