This is a news story, published by CNBC, that relates primarily to The Bank of Japan news.
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interest ratesCNBC
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85% Informative
The Bank of Japan kept its benchmark interest rate steady at around 0.25% — the highest rate since 2008 — at the conclusion of a two-day meeting Friday .
While the decision is in line with the Reuters poll estimates, economists largely see another rate hike by end of the year.
Decision came as the BOJ treads cautiously with the task of normalizing monetary policy after a long-held ultra-easy approach.
VR Score
92
Informative language
93
Neutral language
69
Article tone
formal
Language
English
Language complexity
45
Offensive language
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Hate speech
not hateful
Attention-grabbing headline
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Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
1
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