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Bank of Japan Maintains Rates at 1%, Warns of Inflation Risks
The Bank of Japan kept its interest rates unchanged at 1% but issued a warning about underlying inflation potentially exceeding its 2% target. This decision comes amid speculation of yen intervention.
31 Jul, 03:33 — 31 Jul, 03:40
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (46/100)3 sources25/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left2
Left (2)
japan-timescnbc
Center
Right1
Right (1)
naftemporiki
Far R
Geographic diversity— 3 regions13/34
Greece1Japan1US1
Sources
Showing 2 of 3 sources
cnbcMostly Factual3h ago
BOJ holds rates at 1%, warns of underlying inflation exceeding 2% target
The decision comes as speculation continues to swirl around whether the Bank of Japan will hike rates at a faster pace.
Read full article →japan-timesMostly Factual3h ago
BOJ keeps rates unchanged amid speculation of yen intervention
The Bank of Japan's decision to sit tight was widely expected as the central bank just raised its policy rate from 0.75% to 1% in June.
Read full article →Coverage Timeline
First report: cnbc · 31 Jul, 03:33|Full coverage: 3 · 58m|Window: 58m
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