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Bank of Japan Maintains 0.75% Rate Amid Uncertainty

3/19/2026

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Story summary
  • The Bank of Japan kept its benchmark rate at 0.75% amid Middle East conflict-linked uncertainty.
  • The decision followed a two-day meeting and reflects a cautious stance on inflation and growth.
  • Governor Kazuo Ueda emphasized a data-driven strategy going forward.
  • Analysts say an April rate hike remains possible as wage growth and spending are monitored.
  • The yen stabilized after the announcement, with traders awaiting Ueda's press conference.