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[hfe_template id='11223'] [ad_1] The Bank of Japan is likely to keep interest rates steady and cut its growth forecasts on Thursday, as uncertainty surrounding U.S. tariffs clouds the outlook for the world's fourth-largest economy. But the central bank is likely to project inflation to stay roughly on course to hit its 2% target in coming years, a sign that risks from U.S. tariffs might only delay, not derail, its rate hike plans. At the two-day meeting ending on Thursday, the BOJ is widely expected to keep short-term interest rates steady at 0.5%. Given growing headwinds from higher U.S. tariffs, the board is likely to slash its economic growth forecasts in a quarterly outlook report due after the meeting. In current forecasts made in January, the BOJ expects the economy to expand 1.1% in the fiscal year ending March 2026, followed by 1.0% growth in the next fiscal year. Live Events While the board may also cut its core consumer inflation forecasts, it will like...

[hfe_template id='11223'] [ad_1] Japan's Nikkei share average edged higher on Thursday as investors awaited the Bank of Japan's latest interest rate decision, and developments in the U.S. trade talks with Tokyo's top negotiator in Washington. The Nikkei rose 0.4% to 36,177.63, as of 0150 GMT, with the BOJ's policy announcement due some time in the late Tokyo morning or early afternoon. The broader Topix was flat. The tech-heavy Nikkei was buoyed by a 6.3% jump for chip-testing equipment maker Advantest, as it tracked after-hours advances for U.S. tech megacaps Meta Platforms and Microsoft on strong financial results. Japan's central bank is widely expected to leave rates steady, while cutting growth forecasts. Investors will be more focused on what BOJ Governor Kazuo Ueda has to say on the impact of U.S. trade policy in the board's thinking about when to next raise interest rates. Live Events Market-implied odds for a quarter-point hike by yea...

[hfe_template id='11223'] [ad_1] The Bank of Japan is staying guarded on the timing of the next rate hike with December hardly a done deal given soft consumption, its governor's cautious decision-making style and anxiety over U.S. economic policy in a second Trump presidency. BOJ Governor Kazuo Ueda signalled that December will be a live meeting in an interview with the Nikkei newspaper last week, when he said another rate hike was approaching. But he also warned of U.S. economic uncertainties and gave no clear sign the BOJ would indeed hike this month, causing market expectations of a move to fluctuate between December and January. Having steered Japan through a decade of ultra-easy monetary policy, the BOJ is wary of moving too fast in removing accommodative conditions, especially after a July rate hike caught markets by surprise and triggered a sharp bout of volatility in currencies, bonds and stocks. Heightened geopolitical tensions and uncertainty over U.S. Pr...