0508 GMT - Uncertainty over the effects of U.S. tariffs announced in April will likely weigh on Japan's economic growth, the IMF says in its latest report. The tariff uncertainty will likely offset strengthening private consumption driven by above-inflation wage growth, which is expected to boost household disposable income, it says. Industrial production in the country has also struggled to return to prepandemic levels, the IMF notes, as manufacturing activity continues to shift away from advanced economies to emerging-market economies. Japan's policy rates will rise gradually over the medium term to reach about 1.5%, in line with keeping inflation around the Bank of Japan's target of 2%, it says. The IMF lowers its 2025 GDP growth forecast for Japan to 0.6% from 1.1% previously. (kimberley.kao@wsj.com)
(END) Dow Jones Newswires
April 23, 2025 01:08 ET (05:08 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。