Bank of Japan Maintains Benchmark Interest Rate at 1%

MT Newswires Live

07/31

The Bank of Japan voted to maintain its benchmark policy rate at 1.00% at the conclusion of its monetary policy meeting on Friday.

The decision matched the consensus forecast tracked by Investing.com.

The policy board decided, in an 8-1 vote, to continue guiding the uncollateralized overnight call rate to remain until the next monetary policy meeting.

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