# BOJ keeps interest rates steady, sticks to upbeat economic view
Published: 2024-09-20
Category: Headlines
Category URL: https://companiesdigest.com/category/headlines/
Meta Title: Bank of Japan maintains interest rates, anticipates economic recovery
Meta Description: BOJ maintains economy on track for recovery. Governor to hold news conference on decision. Stay updated with Reuters' latest reports.
URL: https://companiesdigest.com/boj-keeps-interest-rates-steady-sticks-to-upbeat-economic-view/

![undefined](https://prod.superblogcdn.com/site_cuid_cm5qsutv4003uwirgbjchzj7a/images/2024-09-20t025931z2lynxmpek8j020rtroptp4japan-economy-boj-1736748334121-compressed.webp)

TOKYO (Reuters) – The Bank of Japan kept interest rates steady on Friday and maintained its view the economy remained on track for a moderate recovery.

In a widely expected move, the central bank left unchanged its overnight call rate target at 0.25% by a unanimous vote.

BOJ Governor Kazuo Ueda will hold a news conference at 3:30 p.m. (0630 GMT) to explain the decision.

The BOJ ended negative interest rates in March and raised its short-term policy rate to 0.25% in July on the view that the likelihood of inflation sustainably hitting its 2% target was heightening.

(Reporting by Leika Kihara; Editing by Chang-Ran Kim)


---
This blog is powered by Superblog. Visit https://superblog.ai to know more.
---