"Japanese Central" Fear interest rates and reduce growth expectations
Tokyo on May 1/ WAM/ The Central Bank of Japan remained today, “Thursday,” interest rates unchanged, but reduced its expectations for growth due to the blurring resulting from American customs duties.
The Central Bank expected that inflation will proceed towards achieving the target at 2% in the coming years, noting that global economic challenges may delay the interest lifting plans without canceling them.
The bank unanimously decided to keep short -term interest rates at 0.5% as expected.
Given the increasing pressure from the rise in customs duties, the bank reduced its expectations for economic growth for the two financial years 2025 and 2026 in the term of the expectations of the issuance to be issued after the monetary policy meeting.
– Khal –
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and
