Bank of Japan Holds Rates Amid Inflation Decline
Core inflation cools but pressures for hike persist The Bank of Japan (BOJ) kept its benchmark policy rate steady at 0.5% on Friday, in line with expectations from economists polled by Reuters.
Japan’s Inflation Climbs, Fueling Rate Hike Expectations
Japan’s inflation rate rose 4% year on year in January, marking its highest level since January 2023 and strengthening the case for rate hikes by the Bank of Japan (BOJ). The core