Victory Vibes | Inspiring Stories of Triumph and Resilience

Bank of Japan warns uncertainty while Trump reaches the markets

The Boj Bank said that the uncertainty about the Japanese economy was growing, as some companies were concerned about the impact on profits after the American definitions, which risks weak economic recovery.

At a quarterly meeting of the managers of regional agencies on Monday (7), Bog He maintained his evaluation of all nine areas to say that they were recovering or improving moderately.

But he said in a statement that “the uncertainty about the economy of Japan is increasing”, while emphasizing concern about this Trump They may threaten the start of the wage and pricing cycle-a basic condition for new interest rates.

Although the statement was not mentioned directly about the American tariff, it warned that “some companies have expressed concern about the influence of production and profits.”

A central bank employee said at a press conference that the BOJ’s regional economies, which depends on the research conducted by its national branches on companies, and did not completely consider the impact of the Trump tariff that was announced last week.

BOJ drew an optimistic view of the economy, saying that rapid spending of foreign tourists and strong demand for luxury elements has continued to consume. He also said that companies retained their expenses.

The statement said that salary increases were expanding to a wide range of sectors in regional regions, although some areas witnessed smaller companies expressing caution against increasing new wages.

He said: “Companies continue to transfer the increasing import costs at a moderate pace.

S. The Asian stock market fell on MondayBecause investors are afraid that Trump will take higher prices and bring the global stagnation economy.

Trump has decided to apply 25 % on car imports and a 24 % mutual tariff for other Japanese products in the economy, with analysts expected that higher rates could reach 0.8 percentage points of economic growth.

BOJ’s regional economies’ evaluation will be among the factors that will be examined in its next meeting from April 30 and May 1, when the Board of Directors must maintain stable interest rates by 0.5 % and issue a new quarterly economic prediction.

Story Credit

Exit mobile version