Trump’s ‘Unprecedented’ Tariffs Lead Japan to Slash Its Growth Forecast

The Bank of Japan predicted growth of just 0.5 percent, cutting its previous forecast in half, and decided against another hike in interest rates.

May 1, 2025 - 19:00
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Trump’s ‘Unprecedented’ Tariffs Lead Japan to Slash Its Growth Forecast
The Bank of Japan predicted growth of just 0.5 percent, cutting its previous forecast in half, and decided against another hike in interest rates.