March 19, 2025 02:39 GMT
MNI BRIEF: BOJ Holds Rate at 0.50%, Eyes Trade Policies
MNI (TOKYO) - The Bank of Japan board on Wednesday unanimously decided to keep the unsecured overnight call loan rate at 0.50%, noting it would watch trade and other policies amid high uncertainties.
The BOJ also maintained the view that underlying CPI is likely to be at a level generally consistent with the price stability target in the second half of the projection period of the January 2025 Outlook Report.
“With firms’ behaviour shifting more toward raising prices recently, exchange rate developments are, compared to the past, more likely to affect prices,” the board warned.
Wednesday's decision was largely anticipated. (See MNI BOJ WATCH: Board To Hold, Focus On Upside Price Risks)
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