The Bank of Japan announced its decision at the Monetary Policy Meeting, held through the 30th, to leave the current policy rate unchanged. It indicated a policy of guiding the short-term interest rate to remain around 1.25%.
The Bank of Japan announced its decision at the Monetary Policy Meeting, held through the 30th, to leave the current policy rate unchanged.
The Bank indicated that it would guide the short-term market interest rate to remain around 1.25%, having only just decided to raise rates at its previous meeting in September.
The article gives no detailed outlook on the specific timing or size of future moves, focusing instead on the near-term operating policy.