The Bank of Japan has kept its policy rate steady at 0.50 percent in line with market expectations. Following its monetary policy meeting, the Bank of Japan (BoJ) announced its interest rate decision. According to the decision, the short-term interest rate was maintained at 0.50 percent unanimously. The decision statement mentioned that although there was some weakness in the Japanese economy, there was a moderate recovery with improvements in corporate profits leading to an increasing trend in fixed capital investments. The text indicated that inflation expectations were moderately rising, and there was a possibility of the country’s economy exhibiting growth performance above the potential growth rate. The statement emphasized that developments in financial and foreign exchange markets and their impacts on Japan’s economic activity and prices would be carefully monitored. Particularly, with recent shifts in company behavior towards raising wages and prices, it was noted that the likelihood of exchange rate developments affecting prices had increased compared to the past.