BoJ to keep rate unchanged at July meeting: Kyodo

Japan Finance Minister Katayama reiterated the government’s stance that specific monetary policy decisions are the Bank of Japan’s (BoJ) prerogative and emphasized efforts to avoid market misunderstandings regarding fiscal and monetary policy, while the BoJ, per Kyodo, decided to keep interest rates unchanged at its July meeting, with the latest progress being the rate decision announcement by Kyodo.