Bank of Japan keeps benchmark interest rate unchanged at 0.25%
The Bank of Japan today kept its benchmark interest rate unchanged at 0.25 per cent.
Japan’s economy has recovered moderately, although some weakness has been seen in part, it said.
There “remain high uncertainties surrounding Japan’s economic activity and prices,” it noted.
Headline inflation in October was 2.3 per cent, the 30th month in a row that inflation has crossed the 2-per cent target.
The Bank of Japan today kept its benchmark interest rate unchanged at 0.25 per cent.
Japan’s economy has recovered moderately, although some weakness has been seen in part, it said.
There “remain high uncertainties surrounding Japan’s economic activity and prices,” it noted.
Headline inflation in October was 2.3 per cent, the 30th month in a row that inflation has crossed the 2-per cent target.
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