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Euronews
Euronews
Quirino Mealha

Japan's central bank holds rates steady after bond sell-off and ahead of elections

The BoJ held off on hiking its headline rate on Friday as expected, following signs of panic in Japan's bond market this week.

Just last month, the Japanese central bank raised its key interest rate to 0.75%, a 30-year high, in a bid to normalise fiscal policy after a long era of near-zero or negative rates.

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