The Bank of Japan (BoJ) announced on Friday that the board members decided to leave the short-term interest rate target unchanged in the range of 0.4%- 0.5% after concluding its two-day monetary policy review meeting.
The decision matched the market expectations.
The Japanese central bank maintained the pause in its rate-hiking cycle for the fourth consecutive meeting, following a 25 basis points (bps) hike in January.
Source: FXstreet
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