Overnight the Bank of Japan kept their short term policy rate target steady at 0.25%, however there was one dissenting opinion seeking to raise the key rate to 0.50%. However, the central bank governor in his press conference offered little clue how long before the bank could start pushing interest rates higher.
<div class=\"default-font-wrapper\" style=\"line-height: 1;font-size: 12pt; font-family: Verdana, Geneva, sans-serif;\">Overnight the Bank of Japan kept their short term policy rate target steady at 0.25%, however there was one dissenting opinion seeking to raise the key rate to 0.50%. However, the central bank governor in his press conference offered little clue how long before the bank could start pushing interest rates higher.</div>