BoJ’s May policy meeting minutes reveal a board wary of “extremely high uncertainties” stemming from global trade tensions. While BoJ left its short-term interest rate unchanged at 0.5%, it sharply downgraded its growth and inflation outlooks, largely due to the expected hit on Japan’s economy from higher US tariffs. Members reiterated that “if the outlook […]The post BoJ minutes reflect extremely high uncertainties, stresses need to judge without preconceptions appeared first on Action Forex.