Central Banks

BOJ to Hit Pause on Rate-Hike Path as Economic Risks Mount

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The Bank of Japan is widely expected to signal a pause in policy normalization this week as US tariffs heighten global uncertainty, without shifting its stance on gradually raising interest rates when the outlook clears.

Governor Kazuo Ueda’s board is poised to keep the benchmark rate at 0.5% at the conclusion of the two-day gathering on Thursday, according to all 54 economists in a Bloomberg survey. BOJ watchers will scrutinize policymakers’ quarterly economic projections for any hint on the extent of the pause.