The Bank of Japan decided on Friday to leave interest rates unchanged, while announcing plans to start selling its holdings of exchange-traded funds (ETFs) and real-estate investment trusts (REITs).
At the conclusion of its two-day policy meeting, the central bank maintained its short-term interest rate at 0.5%, in line with market expectations. However, the decision was not unanimous, with board members Naoki Tamura and Hajime Takata voting in dissent.
BOJ Governor Kazuo Ueda is scheduled to address the media regarding the policy move at a news conference set for 3:30 p.m. (0630 GMT).
