BOJ holds rates at 1.25% by 8-1 vote; Ueda says inflation 'generally consistent' with 2% target

The Bank of Japan kept its policy rate unchanged at 1.25% by an 8-1 vote, the highest since 1995, with Governor Ueda saying inflation is "generally consistent" with the bank's 2% target, while leaving the door open for a rate hike in December. The BOJ also accelerated its ETF sales, which at the current pace would take about 43 years to complete.

Detected & updated continuously · Source: Nebula