The Bank of Japan has held its benchmark interest rate steady at 0.5% and raised its inflation outlook more than expected in a sign it may be closer to a rate hike. This comes as President Trump’s reciprocal tariffs kick in on August 1. Trinh Nguyen, Senior Economist for Emerging Asia at Natixis Corporate & Investment Banking spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche . (Source: Bloomberg)
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Nguyen: Market Weakness Coming Due to Tariffs
