The Bank of Japan left interest rates unchanged Thursday in a move widely expected by the market due to a lack of clarity over wage trends at home and caution over the outlook for the U.S. economy under incoming President Donald Trump.
The central bank decided to keep its key short-term rate on hold at around 0.25 percent at the end of a two-day policy meeting. The policy rate has been kept at that level for the three consecutive meetings.
The Bank of Japan holds a session on the second day of its two-day policy-setting meeting at its headquarters in Tokyo on Dec. 19, 2024, with Governor Kazuo Ueda seated at the center. (Kyodo) ==Kyodo
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