Uchida

In this insightful discussion, Bank of Japan Governor Uchida sheds light on the recent decision to pause interest rate hikes amid volatility in the financial markets. He emphasizes that central banks must avoid creating disorderly conditions. Uchida explains that political pressures for hikes were misaligned with economic fundamentals, providing valuable lessons for central banks globally. The conversation also touches on sluggish export growth in China and Germany and its potential impact on the U.S. consumer market.