BOJ maintains rate hike path despite uncertainty around U.S. tariffs

Bank of Japan chief Kazuo Ueda said Thursday that the central bank remains on track to pursue additional interest rate hikes despite economic uncertainty from U.S. tariffs prompting it to lower its growth and inflation outlooks.The BOJ revised down the forecasts as it factored in tariff levels imposed by U.S. President Donald Trump that "cannot be ignored," even though Tokyo has been urging Washington to rethink the policy, Ueda said at a press conference following the central bank's two-day policy meeting.Trump's erratic and aggressive trade policy makes it difficult for the tariffs' effec…READ FULL ARTICLE