TOKYO – As Bank of Japan Governor Kazuo Ueda mulls how to get interest rates away from zero, he’s learning the hard way that the decision is up to a man 7,000 miles away. US President Donald Trump’s trade war threats are distracting the entire global economy like a low-grade but persistent pain. The throbbing wasn’t enough […]
Bank of Japan hikes rates with a wary eye on Trump
BOJ move marks third rise in a year but a full exit from rock-bottom rates depends largely on what Trump does next
