ContextStatement before the House of Councillors' financial affairs committee in Tokyo on the bank's semiannual report; the Bank of Japan pursues price stability and must explain its policy to parliament.
Why it mattersJapan's governor tells parliament that US tariffs have made the economic outlook highly uncertain.
Problems raised
US tariff policy creates uncertainty.
Markets are volatile.
The outlook is uncertain.
Solutions proposed
Examine economic and price developments carefully.
