In brief
Japan’s central bank left its benchmark interest rate at 1.25% following a two‑day committee meeting that ended on Friday. The decision, reported by Xinhua, indicates a pause in rate changes as the BOJ watches economic data. In related news, the BOJ also announced a hike in its annual ETF sales pace to 860 billion yen, according to Big News Network.
Japan’s central bank, the Bank of Japan (BOJ), decided to keep its benchmark interest rate unchanged at 1.25 percent after a two‑day monetary policy meeting that wrapped up on Friday in Tokyo.
The move, announced by the BOJ, signals a pause in rate adjustments as the bank monitors continuing economic developments, Xinhua reported.
Also disclosed by the BOJ, the annual pace of ETF sales has been raised to 860 billion yen, a change noted by Big News Network. This increase accompanies the unchanged policy rate and reflects the BOJ’s strategy to support market liquidity.
