Bank of Japan to "hit pause" on charge hikes at this week's assembly – Trump tariffs cited

Bank of Japan expectations survey via Bloomberg (gated).

In brief, nothing of much surprise:

• The Bank of Japan will keep interest rates at 0.5% and pause further hikes due to rising economic risks from US tariffs.
• New tariffs are expected to shave 0.5% off Japan’s GDP, delaying any rate hikes until at least October.
• Despite high inflation, the BOJ will move cautiously, balancing price control with avoiding a sharper economic slowdown.

This article was written by Eamonn Sheridan at www.forexlive.com.