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Economy And The Numbers

Japan Rate Decision On Tap For Friday

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

The Bank of Japan will wrap up its monetary policy meeting on Friday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The BoJ is widely expected to keep its benchmark lending rate unchanged at 0.50 percent.

Japan also will see August numbers for consumer prices; in July, overall inflation was up 0.1 percent on month and 3.1 percent on year, while core CPI rose 0.2 percent on month and 3.1 percent on year.

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