Central bank maintains rate at 0.5% amid Trump tariffs and economic uncertainty
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After decades-long deflation, the BOJ is on a mission to normalize monetary policy and has so far raised rates a total of three times since March 2024. (Photo by Satoko Kawasaki)
JADA NAGUMO
June 17, 2025 12:33 JST
Updated on June 17, 2025 14:43 JST
TOKYO — The Bank of Japan held its key interest rate steady on Tuesday following a two-day policy meeting amid economic uncertainty stemming from U.S. trade policies. The central bank also revealed plans to slow the pace of reduction in bond purchases.
The yen rose following the BOJ’s announcement.
