The Bank of Japan kept its key policy rate unchanged at 0.5% on Friday amid uncertainty related to tariffs and domestic politics.
Its decision, issued following a two-day meeting of its policy board, was anticipated by economists and analysts polled in surveys prior to the announcement and was issued as data continues to suggest a mixed outlook.
Consumer inflation in August was 2.7%, down from 3.1% in July and below expectations. Core consumer inflation was also 2.7%, the first time below 3% in nine months, but still above the BOJ's 2% target.
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