Bank of Japan Governor Kazuo Ueda is concerned about the impact of US tariff policies on the economy

Bank of Japan Governor Kazuo Ueda said at a press conference that he hopes to spend more time observing the impact of US tariff policies on the Japanese economy. We currently do not believe there is a risk of falling behind the curve, and we need to work closely with the government and continue to communicate closely.
Kazuo Ueda expects wage increases next year to be roughly the same as this year, noting that there is no certainty on when interest rates will be raised again. Some analysts believe that Kazuo Ueda's rhetoric of delaying interest rate hikes due to U.S. tariffs has become outdated, and his remarks are driving the yen to continue falling.