Bank of Japan Holds Rate
This is a news story, published by CNBC, that relates primarily to The Bank of Japan news.
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interest ratesCNBC
•Bank of Japan holds rates at 0.25%, yen weakens to one month low
82% Informative
The Bank of Japan on Thursday held its benchmark interest rate steady at 0.25% .
The decision surprised economists polled by Reuters , who had expected a 25 -basis-point hike.
The yen weakened 0.3% against the dollar after the rate decision, trading at 155.42 .
The country's stock indexes pared gains, with the benchmark Nikkei 225 down 0.74% compared to 0.96% before the announcement.
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