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Bank of Japan Maintains Interest Rates

Summary: According to reports from Glonhui, the Bank of Japan has kept its benchmark interest rate unchanged at 0.5% for the sixth consecutive meeting, in line with market expectations. Bank of Japan board member Naoshi Tamura believes that given the increasing risk of inflation, the Bank of Japan should set policy rates closer to neutral rates.

According to reports from Glonhui, the Bank of Japan has kept its benchmark interest rate unchanged at 0.5% for the sixth consecutive meeting, in line with market expectations. Bank of Japan board member Naoshi Tamura believes that given the increasing risk of inflation, the Bank of Japan should set policy rates closer to neutral rates.

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