BOJ to keep interest rates steady as tariff, US slowdown risks loom


A man walks past the BoJ headquarters complex in central Tokyo. — AFP

TOKYO: The Bank of Japan is expected to keep interest rates steady on Friday, as policymakers seek more clarity on whether the economy can withstand U.S. President Donald Trump's tariffs and growing signs of weakness in the American economy.

The BOJ's meeting comes in the wake of the U.S. Federal Reserve's decision on Wednesday to cut interest rates and signal more reductions to halt any slide in an already weakening labour market.

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