BOJ holds key rate at 0.75%

The Bank of Japan has kept its benchmark interest rate unchanged at 0.75%, citing concern over higher prices for oil and other products due to the ongoing war in Iran. The decision reflects the central bank's cautious stance amid global economic uncertainty and inflationary pressures from the Middle East conflict. BOJ policymakers signaled they will monitor the impact of rising energy costs on Japan's import-dependent economy before considering any future rate adjustments.