The Bank of Japan maintains interest rates unchanged, roughly keeping price expectations stable

ChainCatcher News, the Bank of Japan has kept its policy interest rate unchanged at 0.25%, in line with market expectations. It has also broadly maintained its inflation outlook, indicating that inflation will hover around the 2% target in the coming years, signaling its readiness to continue reducing large-scale monetary stimulus measures. As widely anticipated by the market, the nine members unanimously decided to keep the Bank of Japan's benchmark interest rate at 0.25%.

In its quarterly outlook report, the Bank of Japan stated, "The Bank of Japan needs to pay appropriate attention to the future trends of the overseas economy, especially the U.S. economy, as well as the developments in financial markets." Bank of Japan Governor Kazuo Ueda is expected to hold a press conference at 3:30 PM local time to explain the policy decision. (Jin Shi)