TOKYO — The Bank of Japan held its key interest rate steady on Thursday as U.S. President Donald Trump’s sweeping tariff policy casts a shadow over the Japanese economy.
The central bank kept its policy rate, an uncollateralized overnight call rate, at 0.5% during its first board meeting since Washington announced a wave of “reciprocal” tariffs in early April. The BOJ also stood pat at its March gathering following a 25-basis-point hike in Janu.
