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Bank of Japan keeps interest rates unchanged
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investmentweek.co.ukThe decision today (31 October) followed a similar move in September, when Japanese central bank policymakers kept the uncollateralised overnight call rate unchanged, citing «high uncertainties» surrounding Japan's economic activity and prices. In a separate economic outlook report published alongside the interest rate decision, the BoJ argued that the country's economy will continue to expand at a pace above its potential growth rate, with the consumer price index (excluding fresh food) likely to hover at around 2.5% for the 2024 fiscal year. Japan's inflation is expected to further ...
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