April, 30 2026 Thursday 13:45 Hrs
Last update 11-9-2025
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Mid Session Commentary - Detailed News

Economic Buzz: BOJ holds rates at 0.75% as inflation outlook surges
28-Apr-26   10:28 Hrs IST
The Bank of Japan kept its benchmark rate steady at 0.75% in April 2026, marking its highest level since 1995. While the decision was widely expected, a split 6'3 vote revealed growing pressure for tighter policy. The central bank sharply raised its inflation forecast to 2.8%, driven by rising energy costs, even as it cut growth expectations to 0.5%. Despite softer momentum, Japan's economy is projected to expand steadily, supported by government measures and resilient corporate earnings.

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