Analysts react to BOJ decision to keep rates steady
The Bank of Japan maintained interest rates at 1.25% on Friday during its policy meeting. However, the central bank revised its inflation forecast upwards and indicated it is prepared to raise borrowing costs further to curb mounting inflation risks. Board member Hajime Takata voted against the decision, while Governor Kazuo Ueda will provide further explanation during a press conference later in the day.
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Also reported by 2 other outlets
- BOJ keeps rates steady, declares victory in hitting price target investing.com
- Analysts react to BOJ decision to keep rates steady channelnewsasia.com
