Japan's Economy: Ueda's Tariff Warning and Wage Concerns
Update: 2025-10-03
Description
Global storm clouds gathering? The Bank of Japan is worried! Governor Ueda warns that US tariffs and international economic wobbles could derail Japan's wage growth plans, potentially leading companies to cut costs instead. Despite this, the central bank sticks to its plan for gradual interest rate hikes, but only if the economy plays ball. With the yen already reacting, all eyes are on how Japan navigates this tricky global landscape.
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