
BOJ holds rates as underlying inflation aligns with 2% target for first time since 2013
Summary
The Bank of Japan has decided to keep interest rates steady. This decision follows the central bank's announcement that underlying inflation has finally reached the two percent target for the first time since the goal was established in 2013.
The BOJ declared that its underlying inflation target of 2% has been met, the first time the central bank has done so since it set the target in 2013.
Source: Read the full story at US Top News and Analysis
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.