MNI BRIEF: BOJ's Ueda: Tariffs May Change Econ, Price View

Bank of Japan Governor Kazuo Ueda said on Friday that U.S. tariffs will put downward pressure on the global and Japanese economies but its impact on prices will be varied, and the bank cannot assess currently. 

The change among external factors will drive the Bank to adjust its economic and price views, and the BOJ will manage monetary policy in an appropriate manner, Ueda told lawmakers 

The bank will pay great attention to the impact of the tariffs on domestic and overseas economies in determining monetary policy, he continued.

Ueda also said that the possibility is high that the year-on-year rise in rice prices will slow gradually.

Japanese inflation will remain elevated as high rice prices affect processed foods and other costs, which could boost expectations, he added.