TOKYO -- The Bank of Japan's chief voiced little concern about the weak yen and did not indicate any urgency to tighten monetary policy at a media briefing on Thursday, further dampening expectations of an imminent increase in the nation's key interest rate after standing pat earlier in the day.
Bank of Japan
BOJ chief surprises with dovish remarks, trimming odds of January hike
Japanese central bank stands pat in bow to sluggish economy
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The BOJ statement after the meeting was little changed from the previous meeting, leaving little clue as to why the central bank refrained from a rate hike. (Photo by Konosuke Urata)
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