· Kazuo Ueda Wiki · Bank of Japan WikiJapan's economy and monetary policy
Read full speech on bis.org ↗ContextSpeech to business leaders of the Kansai region in Osaka; the Bank of Japan pursues price stability and is gradually raising interest rates after years of ultra-low rates.
Why it mattersThe Bank of Japan Governor explains how a 15% US tariff weighs on Japan and why policy moves cautiously.
Problems raised
- US tariffs create global uncertainty.
- A 15% tariff weighs on Japan's economy.
- US inflation and job risks are unclear.
Solutions proposed
- Listen to regional business leaders.
- Watch US developments closely.
- Adjust policy cautiously as uncertainty evolves.