9 April 2025 | Other

Bank of Japan intends to monitor US tariff policy before next rate change

Bank of Japan intends to monitor US tariff policy before next rate change

Kazuo Ueda, Bank of Japan Governor, signaled that the regulator is adopting the wait-and-see approach to adjusting interest rates. The central bank awaits more clarity on US import duties

According to Ueda, the officials will pay close attention to the state of financial markets and Japan's economy, as well as inflation rates. 

The Bank of Japan is still waiting to see the way US tariff policies evolve before assessing the impact of import duties at home and abroad, Bloomberg adds. The US imposed 24% levies on Japanese goods in addition to the previously implemented duties of 25% on automobiles and steel.

At the moment, traders see less than a one-third of a chance for a rate hike by the Bank of Japan this year. Last week, the probability of an increase in borrowing costs was estimated at 50%, Bloomberg reports.

Anton Volkov MarketCheese
Period: 02.07.2026 Expectation: 19500 pips
Selling ETHUSD with $1,585 in view following short-lived recovery
Today at 11:10 AM 11
Period: 31.07.2026 Expectation: 220 pips
Buying AUDCAD up to 0.9837
Today at 09:57 AM 8
Gold sell
Period: 09.07.2026 Expectation: 7500 pips
Gold sell-off targets $3,900
Today at 09:37 AM 14
Period: 25.07.2026 Expectation: 125 pips
Invest in SPX after modest correction and exit from overbought territory
Today at 09:06 AM 13
Period: 02.07.2026 Expectation: 1900 pips
Sell USDJPY as bullish momentum fades
Today at 06:43 AM 17
Period: 24.07.2026 Expectation: 1550 pips
Selling EURUSD on relentless dollar rally
Yesterday at 09:55 AM 34
Go to forecasts