Nikkei: Bank of Japan expected to remain on hold this week
2hours ago
According to Nikkei, the Bank of Japan is expected to maintain interest rates at its meeting this week. The central bank anticipates the impact of US tariffs will ripple through the Japanese economy, and will continue to monitor their impact on the broader economy, including business capital investment and wage growth. This marks the fifth consecutive meeting at which the Federal Reserve has maintained interest rates unchanged, following its January 2025 increase from 0.25% to 0.5%. Sources indicate that there is a growing consensus among policy committee members that a rate hike at the September meeting would be premature.
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