Bank of Japan Maintains Rate While Signaling Future Hikes

Reported 26 days ago

The Bank of Japan decided to keep its benchmark interest rate unchanged, highlighting its commitment to achieving inflation targets and suggesting the possibility of future rate hikes. Despite various economic uncertainties, including the upcoming US presidential election, the central bank remains focused on maintaining a strategy that may lead to rate increases in December or January, as wage growth and price trends steadily point toward inflationary pressures.

Source: YAHOO

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