US EditionBOJ Chief Ueda Wary of "Rapid" Yield Rises, Flags Bond Buying Again
The Bank of Japan keeps rates steady after raising them to 0.75%, the highest since 1995, while revising growth forecasts upward amid easing tariff concerns.
- At its two-day meeting starting Thursday, the Bank of Japan is expected to keep its benchmark rate unchanged and will release updated economic and inflation forecasts.
- Many BOJ watchers expect a wait-and-see stance to gauge the policy shift's effect on corporate activity and household finances as yen weakness fuels inflation and wage growth expectations.
- The BOJ is likely to slightly raise its growth projection for the current and next fiscal year as surging Japanese government bond yields and financial market volatility challenge policymakers.
- Financial markets will parse Governor Kazuo Ueda's remarks and his post-meeting news conference for hints on the timing of the next rate hike.
- Japan faces a snap general election early next month, with parties calling for suspension of the consumption tax on food and the government compiling measures to ease household pain.
13 Articles
13 Articles
Asian shares, US futures gain as Japan keeps its key interest rate unc
Asian shares and U.S. futures were modestly higher Friday after U.S. regained more of their losses after a tumultuous several days. Tokyo’s Nikkei 225 edged 0.2% higher to 53,800.28 after the Bank of Japan kept its key interest rate unchanged, as expected. The central bank just raised the policy rate to 0.75% in December. Wrapping up its policy meeting, it also slightly upgraded its estimates for future inflation and economic growth. The Japanes…
Times of India
The Economic TimesBank of Japan keeps key interest rate unchanged at 0.75%
The Bank of Japan has kept its key interest rate steady at 0.75 percent. This decision was widely expected by analysts. The central bank anticipates inflation will fall below two percent in early 2026. Japan's economy is projected to grow moderately. Prime Minister Sanae Takaichi is preparing for a snap election on February 8.
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