BOJ keeps rates steady, projects inflation staying near 2% in coming years

CNA

Summary

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The Bank of Japan's (BOJ) two-day policy meeting, wherein it maintained its accommodative monetary policy stance, the yen fell amid volatile trade on Friday.
Free Press Journal
88:88
With the yen at three-decade lows, speculation has grown that Japan's government could intervene in forex markets to prop up the currency for the first time since 2022.
Daily Tribune
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The Japanese yen weakened to its fresh 34-year low past the 156 line against the U.S. dollar in the forex market.
XinhuaNet
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While the move was expected, this comes after Tokyo's April inflation came in lower than expected, with the core inflation rate at 1.6% compared to expectations of 2.2% from Reuters.
CNBC

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updated 88:88

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