BOJ Keeps Market Steady With Yen Volatility at Lowest Since 2021 (opens original article in a new tab)

The Bank of Japan maintained market stability with minimal yen volatility, keeping the currency near 160 per dollar while raising interest rates and halting bond buying reductions. Investors remain cautious about potential government intervention.

• Bank of Japan kept markets stable with yen volatility at lowest since 2021
• Yen traded near 160 per dollar, prompting possible government intervention
• BOJ raised benchmark rate to highest since 1995 and stopped bond buying reductions
• Deputy Governor Shinichi Uchida's press briefing was described as balanced and stable