BOJ governor keeps rate hike in play but stresses 'high uncertainty'

Central bank holds at 0.5% but is less certain about baseline outlook amid tariffs

20250501 BOJ presser

Bank of Japan Gov. Kazuo Ueda speaks during a press conference in Tokyo on May 1. (Photo by Nanami Sato)

JADA NAGUMO

TOKYO -- Bank of Japan Gov. Kazuo Ueda on Thursday signaled that the central bank is still on a path to raise rates despite extreme uncertainty from U.S. President Donald Trump's sweeping tariff policy.

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