Japanese business mood is improving and corporate profits remain high even as U.S. tariffs weigh on exports, Bank of Japan Deputy Governor Shinichi Uchida said, signalling confidence that conditions for another interest rate hike was falling into place. Uchida reiterated that the central bank will continue to raise interest rates if economic and price developments move in line with its forecasts, though it would scrutinise data without any pre-set idea. "Judging from our tankan survey, corporate sentiment is positive overall with manufacturers' sentiment improving on the view Japan's trade agreement with the U.S. ... (full story)