🚨 The Bank of Japan keeps interest rates at 0.75% as expected
The Japanese central bank left the interest rate unchanged after 8 members voted to maintain it against 1 member who called for an immediate increase.
However, the bank clearly hinted at a possible increase soon if economic improvement continues.
⬅️ The yen reacted positively and jumped strongly after these statements.
In short, monetary policy in Japan is gradually moving towards tightening.
