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May 1 (Jiji Press)--Bank of Japan Governor Kazuo Ueda on Thursday warned that underlying inflation in the country will slow temporarily due to the impact of U.S
President Donald Trump's steep tariffs on the Japanese economy
"We're not thinking of raising interest rates forcibly when inflation is slowing," Ueda told a press conference after the central bank held rates steady at a policy meeting
"Corporate profits will be pushed down by slowing overseas economies and the pace of economic growth will slow." In addition
"There could be an impact on winter bonuses and next year's 'shunto' wage talks."
The BOJ pushed back the estimated timing of stably achieving 2 pct inflation to the latter half of its projection period through fiscal 2027 from the latter half of the previous projection period through fiscal 2026
but the timing of an interest rate increase will not necessarily be delayed in the same way," Ueda said
hinting that the BOJ will raise rates once uncertainty over Trump's trade policies is removed
and no one seemed to have more fun doing it.
Lincoln is the latest guest on The Nine Club, and this one’s full of stories, history, and stoke. From his humble beginnings in Brazil to touring with Tony Hawk and the Boom Boom Huck Jam to becoming one of vert skating’s most iconic figures
all the way to judging the Olympics (and receiving death threats)
💻 Don't miss another headline from TransWorld SKATEboarding! Subscribe to our newsletter and stay connected. Be sure to subscribe to our YouTube channel for more quality skate content
We hear stories about Lincoln seeing videos of Christian Hosoi and the Alva team for the first time while still in Brazil (and how that lit a fire inside of him)
We learn about his trip to the Munster contest in ’89
getting his first skate checks and honestly
I've always been such a fan of Lincoln and hearing these stories only made that admiration grow
Anyways, as always, I feel like I've already sort of spoiled the episode! Whether you're a fan of Lincoln or just want to hear some classic skate stories and history, this episode rips. Get there!
By Brian BlakelyBrian Blakely is a Writer for TransWorld SKATEboarding
Bank of Japan chief Kazuo Ueda said Thursday that the central bank remains on track to pursue additional interest rate hikes despite economic uncertainty from U.S
tariffs prompting it to lower its growth and inflation outlooks
The BOJ revised down the forecasts as it factored in tariff levels imposed by U.S
President Donald Trump that "cannot be ignored," even though Tokyo has been urging Washington to rethink the policy
Ueda said at a press conference following the central bank's two-day policy meeting
Trump's erratic and aggressive trade policy makes it difficult for the tariffs' effects to be fully reflected in the projections and they are highly likely to be revised later
the BOJ maintained its short-term policy interest rate at around 0.5 percent for the second consecutive meeting
In its latest quarterly outlook released after the policy meeting
the BOJ said it now expects to stably achieve its 2 percent inflation target in the latter half of the three years through March 2028 -- a year later than its January forecast
which projected the goal would be met in the second half of the three years through March 2027
Ueda said the delayed timeframe does not necessarily mean the next rate hike will be pushed back
The prospect for the next rate hike will likely move "back and forth" as the economic outlook could always change
the central bank said it expects the Japanese economy to grow 0.5 percent in the current fiscal year that started in April
compared with its earlier projection of a 1.1 percent expansion
are projected to rise 2.2 percent in fiscal 2025 against the 2.4 percent forecast in January
dollar following the release of the report
slipping to the 144 range from the lower 143 zone
as expectations for an early BOJ rate hike receded
Economists say the central bank seeks to raise the policy rate to curb demand-driven inflation
as households have been feeling the pinch of rising prices outpacing pay growth
chief economist at the Norinchukin Research Institute
said the BOJ revised down its growth and inflation forecasts "significantly," adding that the BOJ may make its rate hike in September or October
With the central bank shifting away from its ultraloose stance
the BOJ has raised the key rate three times since March last year
when it carried out its first hike in 17 years and ended the decade-long framework of unconventional monetary easing
the BOJ said Japan's real gross domestic product is projected to grow 0.7 percent in fiscal 2026
revised down from the 1.0 percent expansion
followed by 1.0 percent growth in fiscal 2027
Core CPI is projected to climb 1.7 percent in fiscal 2026
The bank released its forecasts for fiscal 2027 for the first time
Volatility in financial markets has surged since the U.S
president announced his so-called reciprocal tariffs on trading partners in early April
economy shrank an annualized 0.3 percent in the January-March quarter
marking the first negative growth in three years
hit by increased imports ahead of the Trump administration tariffs
Dollar falls briefly below 140 yen line as Trump attacks Fed chief
Japan's core consumer prices up 3.2% in March on high rice prices
Nikkei ends over 2,800 points higher, 2nd-biggest rise in history
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2025 at 5:18 AM EDTBookmarkSaveTakeaways NEWBank of Japan Governor Kazuo Ueda said President Donald Trump’s tariff campaign has brought the economy to a ‘bad scenario’ that could force the central bank to make a policy response
Ueda reiterated the BOJ’s policy stance that it will raise interest rates if the economic outlook is realized
he also indicated the chance of a policy change while the central bank is still in the process of examining economic and market situations
Japan forward Ayase Ueda scored his sixth goal of the season in the Dutch Eredivisie on Friday as Feyenoord eased past Zwolle 4-0 at home
Ueda netted the 14th-minute opener at De Kuip
lifting his left-footed shot past Zwolle keeper Jasper Schendelaar after he was played through by Jakub Moder
"I had the keeper in my peripheral vision while on the run and managed to shoot just as I imagined," Ueda said
A mistake by the keeper then allowed Antoni Milambo to double the lead in the 22nd minute
Igor Paixao rolled home three minutes later and curled in his second with 11 minutes to go to complete the scoring
"There are loads of things expected of me apart from scoring goals," said Ueda
who made his presence felt throughout the match
"I've been plugging away in achieving each of those and things are finally starting to take shape."
The sixth straight win placed Robin van Persie's side third on the table
as they look to secure qualification for next season's Champions League
Football: Okugawa nets winner off bench again as Kyoto stay top
Football: Ao Tanaka's Leeds earn promotion to Premier League
Football: Itakura scores for Gladbach in costly loss to Dortmund
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University of Delaware alumna Karin Ueda began dancing at 3 years old
she spent six years competing and dancing professionally in New York City.
She remembers a coach pinching the back of her thigh and saying
Ueda equated gaining weight to being lazy and needing to exercise longer and harder
When she wasn’t in the dance studio or gym
She survived on a strict diet of steamed broccoli and miso soup.
“I was caught up in an unhealthy culture of disordered eating
I had a very poor relationship with food and my body,” she said
to dance the lead roles and move up in the company's ranks.”
The relentless pressure to maintain a perfect physique took a mental toll and eventually began to manifest physically
She didn’t have an understudy and was forced to dance on it with pain-freezing medication.
“I jumped and could hear my bones fracturing,” she said.
It was a breaking point — literally and figuratively
“My parents had big aspirations to raise a ballerina
For the first time, Ueda prioritized her health. Her experiences inspired her to study nutrition and medical sciences at UD’s College of Health Sciences.
“I want to help people through disordered eating and promote body positivity and positive relationships with food,” Ueda said
The first-generation college student from New York City chose UD because she dreamed of a suburban college campus outside the hustle and bustle of NYC
It was so different from my home environment with tall skyscrapers,” she said
Her nutrition courses taught her essential therapeutic techniques
“Nutrition and medical sciences allowed me to build a solid knowledge base,” she said
“Anatomy and physiology are so important to patient care.”
She also pursued a secondary passion through a minor in disability studies
inspired by her personal experience with an individualized education plan (IEP)
“I want to better advocate for patients with physical and emotional differences,” she said
“The world has a lot of work to do around accessibility.”
“I let myself eat whatever I want — quite literally,” she said
“I pay more attention to when I’m hungry versus eating for boredom or convenience
I listen to my body and don’t punish myself
Ueda contemplated medical school and wanted to return to the city
she enrolled in an accelerated nursing program at New York University (NYU)
nurses had the greatest impact on my care and wellbeing," she said
she graduated from NYU with a bachelor of science in nursing and plans to pursue an advanced nursing degree
“I aspire to be an advocate for youth because of how desperate I was for someone to advocate for me when I struggled with my eating disorder as a teenager,” she said
“I am also interested in nutrition research and want to change health policy
and address concerns within the nursing field.”
She’s also realized how vital her nutrition degree is in healthcare
“Nutritional knowledge is a huge part of developing an accurate and beneficial nursing plan,” she said
“I use the processes I learned at UD each time I admit a patient.”
While at UD, Ueda found a mentor in Alisha Rovner
associate professor of health behavior and nutrition sciences
Rovner inspired me to look beyond the classroom and live out my previous experiences to turn them into something positive for future colleagues and patients,” she said
“I want to be that kind of mentor for my future patients.”
Rovner is proud to see Ueda pursuing her dreams and touted the versatility of UD’s nutrition and medical sciences (NMS) degree
“The NMS degree helps prepare students for various potential fields
and other allied health fields,” Rovner said
“Seeing Karin take the challenges she had with her eating disorder and turn it into something positive is admirable
I know that she will be a phenomenal nurse
and her life experiences and background in nutrition will be of great benefit.”
Ueda also made lifelong friendships and connections
“The world has so many kind and wonderful people
and it wasn’t until I came to UD that I experienced that,” she said
“UD has an incredible network of alums striving to make this a better place using their expertise and knowledge.”
She encourages current Blue Hens to take chances
Saying yes to Greek life was a stretch for me
but I met many wonderful people; saying yes to my minor in disabilities helped me connect with experts whose knowledge I will carry with me moving forward,” she said
She adds that a simple “hello” can go a long way
“Say ‘hi’ to the person next to you,” she said
“A fellow UD classmate who was a health behavior science major ended up attending NYU nursing school with me
You never know who your future colleagues may be.”
Ueda reconnected with her love for dance after returning to New York
she enjoys teaching kids and bringing positive energy to the art form that once consumed her
passion and the importance of working hard for what you believe in,” she said
“These are some of the most important life lessons I’ve learned in my career.”
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2025 at 3:19 AM EDTBookmarkSaveTakeaways NEWBank of Japan Governor Kazuo Ueda highlighted growing uncertainties stemming from tariff measures while also reiterating the BOJ’s existing policy stance that it will raise the benchmark interest rate if its economic outlook is realized
“Japan’s economy and inflation have moved in line with our outlook so far,” Ueda said in a speech at a financial conference in Tokyo Wednesday
we must be duly careful about heightened uncertainties over other countries’ trade policies in particular.”
2025 at 3:10 AM EDTBookmarkSaveBank of Japan Governor Kazuo Ueda indicated he’s not too concerned about the recent ascent of the nation’s benchmark yield to the highest since 2008
“My understanding is that the rising trend since last year reflects the market’s views on the economy and inflation
or shifts in interest rates overseas,” Ueda said Wednesday morning in response to questions in parliament
“There is no major gap between our views and the market’s.”
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2025 at 11:52 PM ESTUpdated on January 15
2025 at 5:03 AM ESTBookmarkSaveThe yen surged as Bank of Japan Governor Kazuo Ueda joined his deputy in strengthening market expectations for a potential interest-rate hike next week
signaling the central bank is doing its utmost to avoid a global market crash that followed July’s hike
The Japanese currency strengthened as much as 0.8% to a one-week high of 156.71 against the dollar following Ueda’s remarks at an event hosted by the Regional Banks Association of Japan Wednesday
The governor also indicated rising confidence over wage increases after hearing encouraging views at various new year events and at the BOJ’s recent branch managers’ meeting
2025 at 12:49 PM ESTBookmarkSaveBank of Japan Governor Kazuo Ueda highlighted a note of caution at this week’s gathering of economic policymakers from the world’s top economies
with officials pointed to rising uncertainty
“My impression is that there are great uncertainties — and there are many of them,” including US tariffs measures and the reaction to them
Ueda told reporters Thursday after attending a gathering of Group of 20 finance chiefs and central bank governors in Cape Town
“Moves in bond yields fluctuate to a certain degree,” Ueda said in response to questions in parliament Friday. “However, we will purchase government bonds nimbly to foster the stable formation of yields in exceptional cases where long-term yields rise sharply.”
2025 at 11:51 PM EDTBookmarkSaveBank of Japan Governor Kazuo Ueda indicated he aims to keep his options open ahead of the bank’s next policy meeting
as traders searched for hints on the next rate hike timing during three hours of questioning in parliament
In delivering the bank’s semi-annual report to lawmakers Wednesday
Ueda reiterated the BOJ’s stance that it will continue to raise interest rates if its economic outlook is realized
and refrained from making comments that gave any clear hints as to when the central bank might next hike rates
Ueda also pointed to the rising price trend
though he said it hasn’t reached the 2% target the bank is seeking
2025 at 1:43 AM ESTBookmarkSaveThe Bank of Japan’s message on gradual interest hikes has been clearly received by financial markets
adding that more hikes will take place if its economic outlook is realized
Ueda said the BOJ’s policy settings are still accommodative after recent rate hikes and that would remain the case as the central bank continues to support the inflation trend
The governor said the underlying inflationary trend is below the bank’s 2% target