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Bank of Japan Seen Holding Rate at 1.25%

The Bank of Japan is poised to leave its policy rate at 1.25% at its Oct. 29-30 meeting, buying time to assess the impact of last month’s hike even as underlying inflation has effectively reached its 2% target.

Sanae Takaichi, Japanese politician, shakes hands with Kazuo Ueda, Bank of Japan Governor.

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