Reported about 9 hours ago
The Bank of Japan decided to keep its benchmark interest rate unchanged at 0.5% due to concerns over potential impacts from U.S. tariff policies, indicating a cautious stance on future rate hikes. Despite signs of a robust domestic economy and rising inflation, BOJ Governor Kazuo Ueda emphasized the need to monitor international developments closely, particularly regarding upcoming tariff announcements. Economists speculate that a rate hike could be possible as early as May, contingent on future economic data.
Source: YAHOO