BOJ keeps interest rates steady, sticks to upbeat economic outlook Reuters

TOKYO (Reuters) – The Bank of Japan kept interest rates steady on Friday and maintained its view that the economy remained on track for a moderate recovery.

In a widely expected move, the central bank left its overnight call rate target unchanged at 0.25% in a unanimous vote.

BOJ Governor Kazuo Ueda will hold a press conference at 15:30 (0630 GMT) to explain the decision.

The BOJ ended negative interest rates in March and raised its short-term policy rate to 0.25% in July, seeing the likelihood of inflation sustainably hitting its 2% target as increasing.