TOKYO -- The Bank of Japan kept its policy rate unchanged at 0.25% on Thursday amid heightened political uncertainties, but its governor projected optimism about the global and domestic economy and left the possibility open for a December rate hike.
Japan central bank takes wait-and-see stance ahead of U.S. elections

Bank of Japan led by Gov. Kazuo Ueda kept largely intact its three-year inflation projections, indicating that the economy is moving according to the BOJ's forecast. (Photo by Nanami Sato)
TOKYO -- The Bank of Japan kept its policy rate unchanged at 0.25% on Thursday amid heightened political uncertainties, but its governor projected optimism about the global and domestic economy and left the possibility open for a December rate hike.