The Bank of Japan on Wednesday kept its key interest rate at 0.1 percent as expected but refrained from ending corporate support measures because of the high downside risks to the economy.

But the BOJ also upgraded its assessment of the economy, noting that public works spending is on the rise and exports and production are picking up.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.