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Bank of Japan surprises economists by keeping interest rates unchanged at 0.25%, amid economic uncertainties.
The Bank of Japan (BOJ) kept its benchmark interest rate at 0.25%, surprising economists expecting a 25 basis point hike.
The decision follows concerns over Japan's GDP, which showed negative growth for the first two quarters of 2022, and only a 0.5% gain in the quarter ending September.
Despite recent data showing October's inflation at 2.3%, the BOJ decided to maintain rates due to uncertainties in the economy.
The yen weakened 0.3% against the dollar, trading at 155.42, a one-month low.
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El Banco de Japón sorprende a los economistas al mantener las tasas de interés inalteradas en el 0,25%, en medio de incertidumbres económicas.