The decision comes a day after the U.S. Federal Reserve cut rates by 25 basis points, bringing the federal funds rate to 4.25%-4.5%.
The Bank of Japan kept interest rates unchanged on Thursday but one dissenting board member's proposal to push up borrowing costs showed the bank remains on track to tighten policy early next year.
Explore why the USD/JPY pair has rallied this week after the BoJ and the Federal Reserve interest rate decision
The yen weakened against the dollar Thursday after the Bank of Japan kept borrowing costs unchanged, extending a retreat that came after the US Federal Reserve forecast fewer rate cuts.
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Asian stocks fell as the Federal Reserve indicated it would slow rate cuts next year, impacting global markets. The yen dropped post Bank of Japan's steady rate decision. With risks from potential U.S.
Shares skidded Thursday in Asia after U.S. stocks tumbled to one of their worst days of the year when the Federal Reserve hinted it may deliver fewer rate cuts in 2025 than earlier
The Bank of England wrapped up a big year of central bank rate cuts by keeping rates steady on Thursday, a day after the Federal Reserve eased policy but suggested it would be more cautious in 2025. The Swiss National Bank,
The Bank of Japan on Thursday held its benchmark interest rate steady at 0.25%. The decision comes a day after the U.S. Federal Reserve cut rates by 25 basis points ...
The Bank of Japan on Thursday held its benchmark interest rate steady at 0.25%, surprising economists polled by Reuters, who expected a 25 basis points hike. The BOJ said in its statement that the ...
Rate hike bets had receded in recent weeks, contributing to a six-day losing streak in the yen through Monday, its longest stretch of declines versus the dollar since June.