Get access to our best features
Get access to our best features
Published

Bank of Japan keeps benchmark interest rate steady as it treads cautiously on normalizing policy

  • The Bank of Japan kept interest rates steady at 0.25 percent as market turmoil followed a prior hike, impacting the yen.
  • UBS economists Masamichi Adachi and Go Kurihara noted “no reason for the Bank to raise its rate,” given cautious market sentiment.
  • Despite current stasis, about 70 percent of economists expect an increase by December, indicating potential future shifts.
Insights by Ground AI
Does this summary seem wrong?
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 54% of the sources are Center
53% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)