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Bank of Japan slashes growth forecasts on tariff fears
The Bank of Japan has slashed its economic growth forecasts for 2025 and 2026, blaming “extremely high uncertainties” over trade, in a move that raises doubts about future interest rate rises. Japan’s central bank released a quarterly update to its forecasts alongside a unanimous decision by its policy board to keep the overnight call rate at “around 0.
Japan’s Finance Minister Katsunobu Kato said he won’t use the sale of the country’s US Treasury holdings in its trade ...
MILAN -- Asian finance and central bank chiefs on Sunday warned that barriers to trade threaten to create rifts in the global ...
Another day, another piece of evidence that President Donald Trump’s escalating trade war with friends and foes is hurting the global economy. Today: Japan’s central bank cut its economic growth ...
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