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Sources: The Bank of Japan may soften its pessimistic view on U.S. tariffs in its quarterly report.
Jin10 data July 18 news, three sources familiar with the Bank of Japan's thoughts said that the Bank of Japan will warn of the uncertainty of the impact of U.S. tariffs in its quarterly report to be released this month, but may not express a pessimistic view of a short-term blow to the Japanese economy as it did three months ago. As the Bank of Japan is expected to keep interest rates unchanged at 0.5% at its meeting on July 30-31, the market is following how it will describe economic rise and price prospects in the quarterly report to be published after the meeting. They are looking for clues about the next rate hike opportunity. One source said, "Although the impact of tariffs may intensify, it has not shown too much in the data so far," this factor may affect the tone of the report that the Bank of Japan is about to release. Another source said, "The Bank of Japan must remain highly vigilant about tariff risks, but should not be overly pessimistic."