The Bank of Japan (BOJ) decided to keep interest rates unchanged but hinted at a potential reduction in its bond-buying program, signaling a cautious shift in monetary policy. While the move leans dovish—meaning they’re not rushing to tighten policy—the backdrop is tricky: rising U.S. tariffs are putting pressure on Japan’s export-driven economy, and the BOJ is walking a fine line between supporting growth and managing inflation.

Editor’s Note: This isn’t just about Japan—it’s a ripple in the global economy. The BOJ’s stance reflects worries that aggressive U.S. trade policies could slow growth, forcing central banks to tread carefully. For markets, it’s a heads-up: Japan might start pulling back on its massive bond purchases, which could shake up global yields. For everyday folks, it’s a reminder that even distant policy shifts can eventually hit your wallet, whether through loan rates or the cost of imports.