MNI BRIEF: BOJ's Nakagawa Warns Of High Uncertainty

Bank of Japan board member Junko Nakagawa warned on Thursday that uncertainties from tariff policies have risen and the Bank will conduct monetary policy appropriately while carefully monitoring the evolving economy, prices and financial markets at home and abroad. 

However, she did not elaborate on how and when the BOJ would take policy action.

Speaking to business leaders in Maebashi City, Nakagawa voiced concern about the sustainability of companies' wage and price-setting behaviour, warning that weakening consumer sentiment could disrupt the virtuous cycle from income to spending.

The board member added that if the outlook for economic activity and prices are realized, the Bank will continue to raise the policy interest rate and adjust the degree of monetary accommodation.