Former member of the Bank of Japan, Takako Masai: Trump's tariffs have halted the Bank of Japan's interest rate hike cycle

According to BlockBeats, on June 12th, former member of the Bank of Japan, Takako Masai, stated on Thursday that US President Trump's tariffs may have ended the Bank of Japan's interest rate hike cycle, and the possibility of further interest rate hikes is rapidly decreasing due to the expected impact on exports. Masai, who maintains close contact with current decision-makers, stated that the uncertainty of US trade policies is causing significant disruptions to the global economy, which could impact Japan's exports, output, wage growth, and consumption. Due to the significant role played by the automotive industry in the Japanese economy, US car tariffs are particularly destructive. She said that the real test for the Japanese economy may come in 2026, as the impact of US tariffs will begin to manifest in 6 to 12 months. The Bank of Japan may not be able to raise interest rates for a considerable period of time, "she said. (Golden Ten)