BOJ keeps rates steady, cuts growth forecasts

The Bank of Japan maintained its interest rates at 0.5% but lowered economic growth predictions due to uncertainties surrounding U.S. tariffs. While core consumer inflation forecasts were also reduced, the BOJ anticipates inflation to remain around 2% through fiscal year 2028, suggesting potential rate hikes will continue. Markets are closely monitoring how U.S. tariffs will affect the BOJ's rate-hike strategy.