Japan's central bank holds steady on key interest rate
Yahoo Finance·2025-09-19 13:38
TOKYO (AP) — Japan’s central bank kept its key interest rate unchanged at 0.5% Friday, in a decision that was widely expected, given recent inflation trends that have stayed above target. The Bank of Japan issued its decision on the overnight call rate after a two-day meeting by its policy board. “Japan’s economy has recovered moderately, although some weakness has been seen in part. Overseas economies have grown moderately on the whole,” it said in a statement. The U.S. Federal Reserve cut its policy r ...