Bank of Japan keeps rates steady, puts focus on global risks
- Posted on October 31, 2024
- By Business News Today
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Bank of Japan keeps rates steady, puts focus on global risks
The Bank of Japan maintains ultra-low interest rates, signaling caution amid global economic uncertainties, while projecting inflation near its 2% target in coming years. The decision reflects a focus on risks to Japan's fragile recovery, with potential rate hikes depending on economic conditions and political stability.