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Bank of Japan Governor Kazuo Ueda: We need to pay attention to future data to determine whether the economy is developing as expected.
On May 1, local time, the Kyiv Post quoted a source as saying that the Trump administration had notified Congress on April 30 that it planned to approve the export of defense-related products worth $50 million or more to Ukraine through direct commercial sales. Ukrainian media said that this was the first time Trump planned to approve arms exports to Ukraine since taking office. This shows that although all parties had previously predicted that Trump would completely cut off military aid to Ukraine, such transactions are still continuing. On March 3, US President Trump ordered a suspension of all military aid to Ukraine.
Bank of Japan Governor Kazuo Ueda: If the economic outlook changes, we will need to adjust our monetary policy. This outlook may not be as accurate as in the past.
Bank of Japan Governor Kazuo Ueda: We cannot ignore the issue of US tariffs, but we should not overemphasize their impact.
Bank of Japan Governor Kazuo Ueda: Confidence indicators also show a certain degree of stability.