Bank of Japan postpones rate rise after Middle East war erupts
Jump in oil prices will increase inflationary pressures but weigh on economic activity
Jump in oil prices will increase inflationary pressures but weigh on economic activity

Latest outlook statement warns growth is likely to slow as Middle East conflict crimps profits and household incomes

Policymakers indicate they may need to raise borrowing costs if energy price surge triggers persistent inflation

April figure marks highest level in three years as effects of conflict reverberate through US economy

Bank of Japan implements quarter percentage point rise to 0.75% in progress to normalise monetary policy

Investors worry about fallout from yen carry trade unwinding after speech by BoJ governor

Traders have also speculated that government may intervene in crude oil markets