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9/19/2019, 5:00 AM (Source: TeleTrader)
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Bank of Japan leaves interest rates unchanged

The Bank of Japan decided on Thursday to maintain interest rates at present levels after its colleagues in the United States and Europe cut rates. The BOJ kept its short-term interest rate at -0.1%, in line with expectations, while also maintaining its asset purchase program. .

The central bank said that the country's economy "has been on a moderate expanding trend" despite signs of a slowdown in other economies. However, it noted that it would "re-examine economic and price developments at its next policy meeting, when it updates the outlook for economic activity and prices."

Risks to its outlook include US macroeconomic policies, protectionism in trade, Brexit, and geopolitical risk, the BoJ stated.

Breaking the News / JC