BOJ takes dimmer view of economy while keeping policy unchanged – Business News

TOKYO: The Bank of Japan left its monetary stimulus program unchanged as it downgraded its assessment of exports, factory output and overseas economies.

The BOJ’s decision to maintain its policy interest rates and asset purchases was predicted by all 46 experts surveyed by Bloomberg. Its gloomier take on the economy was also largely expected after a raft of weak data over the past month.

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