BusinessPhoto: Firstpost BusinessBank of Japan Holds Rate at 1.25%, Eyes December Hike as Inflation Hits Target
The Bank of Japan maintained its interest rate at 1.25% while raising its inflation forecast for 2027, signaling a possible rate hike in December. Meanwhile, the Nikkei index declined as investors expressed concerns about the returns from large AI investments. The central bank's decision reflects cautious optimism amid evolving economic conditions.
Firstpost Business·


