BOJ keeps rates steady, projects inflation staying near 2% in coming years
Fri, Apr 26, 2024 10:12 AM

BOJ keeps rates steady, projects inflation staying near 2% in coming years

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The Bank of Japan kept interest rates unchanged on Friday and issued fresh estimates projecting inflation to stay near its 2% target in the next three years, signalling its readiness to hike borrowing costs later this year. As widely expected, the BOJ maintained its short-term interest rate target at a range of 0-0.1% in a unanimous vote. In fresh quarterly forecasts, the board projected inflation

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