BoJ holds rate at 1.25% but warns of inflation overshoot risk
FROM THE WIRE · FXSTREET.COM
The Bank of Japan left its short-term policy rate unchanged at 1.25% but delivered a distinctly hawkish message on the risk of an inflation overshoot.
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishThe Japanese central bank holds rates with a hawkish tone, relevant for the yen and bonds.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The Bank of Japan left its short-term rate unchanged at 1.25%.
- 02The message on inflation overshoot risk was distinctly hawkish.
- 03Japan has reportedly entered a new inflation phase.