Bank of Japan Holds Interest Rates, Signals Shift from Easing Policy
The Bank of Japan maintained its key interest rate at 0.50% but announced plans to reduce its holdings of funds, signaling a shift from its long-standing easing policy.
The Bank of Japan maintained its key interest rate at 0.50% but announced plans to reduce its holdings of funds, signaling a shift from its long-standing easing policy.
Most Asian markets fell as investors awaited a call between Trump and Xi, while the Bank of Japan signaled a potential future rate hike despite holding steady.