TOKYO (Reuters) -Bank of Japan board member Toyoaki Nakamura said on Friday the central bank must hold off raising interest rates for the time being to scrutinise how uncertainty over higher U.S. tariffs could affect corporate profits, capital expenditure and wages.
“Rushing to raise interest rates when growth is slowing could curb consumption and investment with a lag,” Nakamura said in a speech.
(Reporting by Leika Kihara and Chang-ran Kim; Editing by Muralikumar Anantharaman)
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