TOKYO (Reuters) – The Bank of Japan maintained rates of interest stable on Friday and preserved its sight the economic situation stayed on course for a modest recuperation.
In a commonly anticipated step, the reserve bank left the same its over night telephone call price target at 0.25% by a consentaneous ballot.
BOJ Governor Kazuo Ueda will certainly hold a press conference at 3:30 p.m. (0630 GMT) to clarify the choice.
The BOJ finished adverse rates of interest in March and increased its temporary plan price to 0.25% in July on the sight that the probability of rising cost of living sustainably striking its 2% target was increasing.
(Reporting by Leika Kihara; Editing by Chang-Ran Kim)
