· Kazuo Ueda Wiki · Bank of Japan WikiEconomic activity and prices, and monetary policy in Japan
Read full speech on bis.org ↗ContextSpeech at a meeting of the Naigai Josei Chosa Kai research institute in Tokyo; the Bank of Japan pursues price stability and is cautiously normalising interest rates.
Why it mattersJapan's governor explains how US tariffs could squeeze exporters' profits and slow wage growth.
Problems raised
- US tariffs may squeeze exporters' profits.
- This could restrain wages.
- Supply chains may cut costs.
Solutions proposed
- Make logical decisions and explain them clearly.
- Monitor wage and cost pressures closely.
- Adjust policy to the outlook.