机构：关税不确定性+经济增长面临风险将使日本央行暂时按兵不动

Core Viewpoint - The uncertainty surrounding tariffs and risks to economic growth are likely to keep the Bank of Japan from making any immediate policy changes [1] Economic Outlook - Ongoing lack of progress in US-Japan trade negotiations is casting a shadow over Japan's economic outlook, complicating the path to policy normalization [1] - The latest economic forecasts are expected to be a focal point, with potential downward revisions to GDP growth due to risks faced by Japan's export-dependent economy [1] Inflation and Wage Growth - Rising potential inflationary pressures observed in recent months may pose an upside risk to the Bank of Japan's inflation outlook [1] - However, wage growth exceeding inflation could provide confidence for further tightening of monetary policy [1]