Bank of Japan keeps interest rates steady as widely expected

Bank of Japan keeps interest rates steady as widely expected

March 19, 2025 / Sarkiya Ranen /


[TOKYO] The Bank of Japan kept interest rates steady on Wednesday, underscoring policymakers’ preference to spend more time gauging how mounting global economic risks from higher US tariffs could affect Japan’s fragile recovery.

As widely expected, the board decided to keep the BOJ’s short-term policy rate unchanged at 0.5 per cent by a unanimous vote.

BOJ Governor Kazuo Ueda is expected to hold a press conference at 3.30 pm (0630 GMT) to explain the policy decision. REUTERS

Share with us your feedback on BT’s products and services



Source link

Posted in

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

Leave a Comment