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Japan's central bank holds rates steady after bond sell-off and ahead of elections

Japan's central bank holds rates steady after bond sell-off and ahead of elections

23.01.2026 08:46 | Euronews World

The Bank of Japan announced this Friday that its policy interest rate remains unchanged at 0.75%. The decision comes after a huge sell-off in Japanese bonds this week, triggered by Prime Minister Takaichi's call for snap elections, and unfunded tax cuts that fuelled inflation fears.

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