The Bank of Japan (BoJ) released its interest rate decision on Friday. The BoJ kept its monetary policy unchanged (interest rate: 0.00-0.10%, monetary base target: 275 trillion yen). The central bank will expand its monetary base at an annual pace of 80 trillion yen. This decision was expected by analysts.
The BoJ board members voted 8-1 to keep monetary policy unchanged.
The BoJ noted that the country's economy continued to recover moderately.