Central Banks
BOJ Is Said to Lean Toward Holding Key Rate at March Meeting
- Officials said to want to mull January hike, US policy impacts
- Wage talk developments so far seen as within expectations
Bank of Japan officials are leaning toward keeping interest rates unchanged this month after their hike in January and as growing uncertainties in the global economy require close attention, according to people familiar with the matter.
Officials see no need to rush after the central bank raised rates to 0.5% from 0.25% at their January meeting and want to assess the impact first, the people said. They’re also closely monitoring how US policies will affect both domestic and global economies, the people added.