BOJ paints gloomy view on economy, signalling go-slow on rate hikes
Donald Trump
KOCHI, Japan :Bank of Japan Deputy Governor Shinichi Uchida said risks to economic activity and prices were skewed to the downside due to "extremely high" uncertainty over trade policy, signalling that the central bank was in no rush to resume interest rate hikes. The remark came hours after U.S. President Donald Trump announced a trade deal with Japan, a move that will likely reduce some of the trepidation over the economic outlook. Uchida reiterated the central bank's readiness to stay on
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