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Bank of Japan keeps key interest rate steady as it treads cautiously on normalizing policy - CNBC
The decision came as the central bank seeks to wean its economy off the long-held ultra-easy monetary policy and curb the yen's slide against the U.S. dollar.
By: CNBC
- Sep 21 2024
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The Bank of Japan kept its benchmark interest rate steady at "around 0.25%" the highest rate since 2008 at the conclusion of a two-day meeting Friday.Â
While the decision is in line with Reuters pol… [+2816 chars]