(Bloomberg) -- The Bank of Japan will probably keep
its benchmark interest rate unchanged this week as it awaits
more proof that economic growth will be sustained and inflation
will take hold.
Governor Toshihiko Fukui and his policy colleagues will
hold the key overnight lending rate at 0.5 percent at the
conclusion of a two-day meeting on July 12, according to all 43
economists surveyed by Bloomberg News. The bank last raised the
rate, still the lowest among major economies, in February.
Read more at Bloomberg Bonds News
its benchmark interest rate unchanged this week as it awaits
more proof that economic growth will be sustained and inflation
will take hold.
Governor Toshihiko Fukui and his policy colleagues will
hold the key overnight lending rate at 0.5 percent at the
conclusion of a two-day meeting on July 12, according to all 43
economists surveyed by Bloomberg News. The bank last raised the
rate, still the lowest among major economies, in February.
Read more at Bloomberg Bonds News
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