TOKYO -- Kazuo Ueda, governor of the Bank of Japan, remained guarded on Friday, saying that it is still unclear how U.S. tariffs will impact consumer prices and the overall Japanese economy, and called for "more data" before raising interest rates.
Bank of Japan
BOJ chief strikes cautious tone despite some board members urging rate hike
Gov. Ueda says tariff impacts need monitoring; selling off ETFs over course of 100-plus years
Bank of Japan's decision follows the U.S. Federal Reserve on Wednesday lowering interest rates in a stalling job market.
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