Bank of Japan leaves rates unchanged, as widely expected

Bank of Japan current short-term rate is 0.25%

• Japan’s economy recovering moderately, albeit with some weaknesses
• Inflation
  expectations heightening moderately
• Inflation likely to
  be at level generally consistent with BOJ’s price target in second
  half of our 3-year projection period through fiscal 2026
• Consumption rising
  moderately as a trend
• Japan’s economy
  likely to achieve growth above potential
• Must be vigilant to
  impact of financial, fx market moves on Japan’s economy, prices
• Impact of FX volatility on prices has become larger than in the past

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Full text of the statement is here

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Dates ahead for the rest of this year and into H1 of 2025 for the BoJ:

This article was written by Eamonn Sheridan at www.forexlive.com.