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Japan-US trade deal reduces economic uncertainty, BOJ's Uchida says

ReutersJul 23, 2025 5:39 AM

- Japan's trade agreement with the United States is a "very big progress" that reduces uncertainty over the economic outlook, Bank of Japan Deputy Governor Shinichi Uchida said on Wednesday.

Given receding uncertainty surrounding trade negotiations, the likelihood of Japan sustainably achieving the central bank's 2% target has heightened, Uchida told a news conference.

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