The Bank of Japan maintained its interest rates at one percent on Friday. This decision came after a two-day meeting concluded by the central bank. One board member voted for a higher rate, seeking a 1.25 percent increase. Governor Kazuo Ueda will explain the policy decision at a news conference. The bank stressed its readiness to raise borrowing costs to manage inflation.

TOKYO, July 31 : The Bank of Japan is set to keep interest rates steady on Friday but signal its resolve to continue pushing up borrowing costs, as mounting price pressures from…

TOKYO, July 31 : The Bank of Japan kept interest rates steady on Friday but signaled its resolve to continue pushing up borrowing costs, in the wake of the government's yen-buying…