Bank Of Japan Holds Rates, Flags Trade ‘Uncertainties’

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The Bank of Japan kept its main interest rate unchanged Thursday, hiking its inflation and growth forecasts while also flagging “high uncertainties” from US President Donald Trump’s trade policies.

Maintaining its main rate at 0.5 percent, as expected, the BoJ hiked its projection for inflation excluding fresh food this year to 2.8 percent from 2.3 percent previously.

It also raised its…

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