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 BOJ keeps interest rates unchanged

news agency wam , 31 Oct 2024 - 14:07

Japan's Kyodo News Agency quoted the Bank of Japan (BOJ) as reporting that the bank kept its policy interest rate unchanged at around 0.25 percent.


According to Amac News: According to this news agency, the BOJ also updated its outlook on growth and prices, forecasting that Japan's core consumer inflation rate, excluding fresh food, for the current fiscal year, which ended in March, will ends, it will be 2.5 percent, unchanged from the previous forecast.
According to the report, however, the projected inflation rate for fiscal year 2025 has decreased from 2.1 percent to 1.9 percent, which is lower than the bank's price stability target of 2 percent.


Story Code: 1972

News Link :
https://www.amacnews.com/en/news/1972/boj-keeps-interest-rates-unchanged

AMAC
  https://www.amacnews.com