The Zhitong Finance App learned that the Bank of Japan decided to keep the policy interest rate unchanged at 1% with an 8-1 vote at the monetary policy meeting on Friday, but the clear warning of excessive inflation in the decision statement and rare internal interest rate hikes have drastically heated up the market's game over the path of subsequent interest rate hikes. Meanwhile, suspected official intervention in the Japanese yen exchange rate the night before brought the afternoon's press conference by Governor Kazuo Ueda (to be held at 14:30 p.m. Beijing time on Friday) into the global spotlight.

The Zhitong Finance App learned that the Bank of Japan decided to keep the policy interest rate unchanged at 1% with an 8-1 vote at the monetary policy meeting on Friday, but the clear warning of excessive inflation in the decision statement and rare internal interest rate hikes have drastically heated up the market's game over the path of subsequent interest rate hikes. Meanwhile, suspected official intervention in the Japanese yen exchange rate the night before brought the afternoon's press conference by Governor Kazuo Ueda (to be held at 14:30 p.m. Beijing time on Friday) into the global spotlight.