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Ueda's press conference: Wages "toward higher end" of outlook amid rising uncertainty over tariffs

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Ueda's press conference: Wages "toward higher end" of outlook amid rising uncertainty over tariffs

Key points
  • BoJ decides to leave policy rate on hold but adds "evolving situation regarding trade and other policies in each jurisdiction" to potential risks

  • Governor Ueda notes "rising uncertainty" over US tariff policy at press conference; Bank may study impact at next meeting

  • For now, governor views results of spring wage talks as being "toward higher end of 'on track'" and indicates no change in plans to continue gradually raising rates

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