Add Axios as your preferred source to
see more of our stories on Google.
Bank of Japan governor Kazuo Ueda. Photo: Andrew Caballero-Reynolds/AFP via Getty Images
Concluding a busy week in central bank land, the Bank of Japan elected to leave interest rates unchanged overnight Thursday. But its communications were in sharp contrast to the Fed's from Wednesday.
Driving the news: The bank left its target policy rate at 1% as Bank of Japan governor Kazuo Ueda pledged that it will not fall behind the curve on its interest rate policy, one of several comments that signal more interest rate increases might be on the way.
