【Breaking】Bank of Japan keeps policy rate at around 1.25% to assess impact of last month's rate hike

The story

At its monetary policy meeting, the Bank of Japan decided to leave the policy rate unchanged at approximately 1.25%, as before.

The Bank had only raised rates last month and said that the decision to leave them unchanged was intended to assess the effects of that hike.

At a glance

Policy rate levelJudged to be unchanged at approximately 1.25%

Name of decision-making bodyDecided by the Bank of Japan at its monetary policy meeting

Policy meetingA decision made at the monetary policy meeting

Reason for assessmentThe decision is viewed as intended to assess the effects of last month's rate hike

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