Bank of Japan Keeps Policy Rate Unchanged, Says Core CPI Has Reached 2% Target — Written by

The Bank of Japan was reported to have left the policy rate unchanged, in line with market expectations. In its announcement following the policy meeting, the Bank of Japan was said to have indicated that it would not change the current interest-rate level and would continue monetary easing.

Core consumer price inflation was reported to have reached the annualized 2% target level, and the Bank of Japan was said to have explained that it plans to maintain this level going forward. A review of its operations may attract attention depending on future statements and data.