TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda on Tuesday said it is important to make policy judgements without any preset ideas as uncertainty over global tariff policies remain extremely high.
“We’ll continue to raise interest rates depending on improvement in economic and price situations if the economy and prices move in line with our forecasts,” Ueda told parliament.
“But it’s important to closely monitor domestic and overseas economic, price and financial markets developments and judge without any preset ideas, as uncertainties over trade policies of each country remain extremely high,” he said.
(Reporting by Makiko Yamazaki; Editing by Christopher Cushing)
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