Bank of Japan Keeps Interest Rates Unchanged
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The Bank of Japan (BOJ) maintained its policy interest rate at around 1.0% for the fifth consecutive meeting. The decision was widely expected as the central bank had recently raised its policy rate to 1% in June. The BOJ is currently assessing the impact of this rate hike on the economy and inflation. Market expectations suggest that the BOJ will keep interest rates unchanged for the time being. The BOJ also lifted its economic outlook for FY 2026 and signaled readiness to continue raising borrowing costs if inflation risks rise.
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