The Bank of Japan (BOJ) headquarters in Tokyo, Japan, on Thursday, Oct. 31, 2024. The Bank of Japan kept its benchmark interest rate unchanged.
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Japan’s central bank held its policy rate at 0.5% Thursday, holding them for a second straight meeting, as U.S. President Donald Trump’s tariffs threaten the country’s exports.
The move was in line with a Reuters poll of economists, and comes at a time of global trade tensions as the U.S. pressures countries to sign business deals under threats of “reciprocal” tariffs.
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