Policy rate held at 1.25%; Bank of Japan Monetary Policy Meeting (TV Asahi network (ANN))

The story

The Bank of Japan announced at its monetary policy meeting that it would leave the policy rate unchanged at around 1.25%, as before.

The Bank of Japan had only just raised interest rates last month, and this decision is believed to be aimed at assessing the impact of that move.

At a glance

Policy rateDecision made to leave it unchanged at around 1.25%

Meeting nameDecided at the Bank of Japan monetary policy meeting

Previous moveRaised interest rates last month

PurposeIt is believed to be aimed at assessing the impact of this decision

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