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Bank of Japan holds rates at 1% and flags inflation risk
The BOJ cautioned that underlying inflation may continue to run above its 2% target even as it keeps policy steady, while markets weigh the timing of any faster rate hikes.
The Bank of Japan held its policy rate at 1%, according to CNBC Markets, and warned that underlying inflation could remain above its 2% target.
CNBC World said the decision arrives amid ongoing speculation about whether the BOJ will shift to a faster pace of rate hikes in the future.
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