ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

BOJ keeps rates steady as market awaits Kuroda speech

Governor to begin second term, while two deputies end theirs

Bank of Japan (Photo by Nozomu Ogawa)

TOKYO -- The Bank of Japan said on Friday it was holding interest rates steady, while the market awaited Governor Haruhiko Kuroda's speech at a news conference later in the day.

The BOJ's policy board voted 8-1 to keep the benchmark interest rate steady at -0.1%. In addition, the BOJ said it will continue to keep the yield on 10-year Japanese government bonds, or long-term interest rates, near 0%.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more