BOJ Governor Kazuo Ueda. (Bloomberg image) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The Bank of Japan kept its benchmark rate unchanged, with two dissenters calling for a rate hike at the central bank’s first meeting since monetary easing advocate Sanae Takaichi became prime minister last week. The yen weakened.

The BOJ held its policy rate at 0.5% Thursday at the end of a two-day gathering, according to a statement. The result was in line with the expectations of 90% of economists surveyed by Bloomberg. Naoki Tamura and Hajime Takata voted against the decision to stand pat for a second consecutive meeting.

The yen reversed course after the decision, sliding to 153.14 to the dollar from 152.19 just before the announcement. The decision came hours after the Federal

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