BOJ keeps rates unchanged, adjusts GDP growth, as tariff threat brings Apac currency turbulence
Trade uncertainty has been cited as a major risk that could slow economic growth, as currency volatility continues across Apac, with the Taiwanese dollar surging.
The Bank of Japan (BOJ) has decided to leave its policy interest rate, or the uncollateralised overnight call rate, unchanged at around 0.5%, pausing its rate hike journey since its latest adjustment in January, from 0.25% to 0.5%.
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