Bank of Japan keeps rates steady, puts focus on global risks

  • Posted on October 31, 2024
  • By Business News Today
  • 1 Views
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.
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