The Bank of Japan is widely expected to raise its key rate on Friday. The path ahead gets murkier.
Kazuo Ueda, governor of the Bank of Japan (BOJ), during a news conference at the central bank's headquarters in Tokyo, Japan, on Thursday, Oct. 30, 2025. The Bank of Japan kept its benchmark rate unchanged, sending the yen lower in the bank’s first policy decision since Sanae Takaichi, an advocate of monetary easing, became prime minister last week. Photographer: Kiyoshi Ota/Bloomberg
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