0656 GMT - The Bank of Japan is expected to keep seeking interest-rate increases despite the potential negative effects of higher U.S. tariffs on the Japanese economy, Mizuho Securities economists say. "Because there is a risk of being criticized by the Trump administration for trying to weaken the yen, the BOJ is likely to maintain its stance of considering additional rate hikes in order to avoid destabilization of financial markets," the economists say in a research note. USD/JPY is trading at 147.40 vs 145.59 at Monday's Tokyo stock market close. Japan's Finance Minister Katsunobu Kato said Tuesday that he will lead forex-related discussions with the U.S., while Ryosei Akazawa, minister in charge of economic policy, has been picked to be in charge of tariff talks.(megumi.fujikawa@wsj.com)
(END) Dow Jones Newswires
April 08, 2025 02:56 ET (06:56 GMT)
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