BOJ Holds Interest Rate at 0.75%
The Bank of Japan (BOJ) decided to hold its benchmark short-term interest rate at 0.75% at its first policy meeting of 2026. This decision kept borrowing costs at the highest level since September 1995, signaling the BOJ's continued caution amidst economic and market dynamics.
This move was in line with market expectations and therefore did not surprise market participants. This means the Bank of Japan has chosen to maintain its current policy direction while monitoring developments in inflation, growth, and market stability going forward.
The BOJ's decision was approved by a vote of 8-1, indicating that the majority of board members still agree to hold interest rates, although there was one dissenting voice. The market is now awaiting further signals from the BOJ regarding its next steps. (asd)
Source: Newsmaker.id