Market News
BOJ likely to keep rate-hike signal intact despite Trump tariff risks, sources say - REUTERS
By Leika Kihara
Summary
- BOJ to maintain forecast of rising wages, inflation, sources say
- Board to cut growth forecast, warn of U.S. tariff risks
- BOJ widely seen keeping rates steady at April 30-May 1 meeting
- Curve ball could come in Japan-US finance leaders' talks
TOKYO, April 21 (Reuters) - The Bank of Japan is expected to signal next week that risks from higher U.S. tariffs will not derail a cycle of rising wages and inflation seen as crucial to keep raising interest rates, said four sources familiar with its thinking.
The assessment, to be included in its quarterly outlook report due on May 1, will underscore the BOJ's desire to keep alive market expectations of further interest rate hikes - even though the timing of its next move could be months away.
