The Bank of Japan (BOJ) announced today that it will maintain its current ultra-low interest rate policy. This decision comes as the central bank continues to prioritize economic recovery in the face of ongoing global economic uncertainties.

The BOJ’s commitment to its current monetary policy stance reflects its view that sustained inflation has not yet been achieved. The bank aims to support businesses and consumers by keeping borrowing costs low, thereby encouraging investment and spending.

The central bank will continue to closely monitor economic developments and stands ready to adjust its policy as needed to achieve its price stability target.