BOJ Keeps Interest Rate Target Unchanged at around 0.5 %

Yomiuri Shimbun file photo
The Bank of Japan

Tokyo, June 17 (Jiji Press) — The Bank of Japan decided to hold its interest rate target steady at a two-day monetary policy meeting that ended on Tuesday.

The BOJ unanimously decided to maintain its policy of guiding the unsecured overnight call rate, the benchmark short-term interbank lending rate, to around 0.5 %