The Bank of Japan maintains interest rates as scheduled and will slow down the pace of reducing bond purchases next year.

According to the Wisdom Financial APP, the Bank of Japan maintained its target interest rate at 0.5%, in line with market expectations, and kept rates unchanged for the third consecutive meeting. The central bank also stated that it will slow down the pace of reducing bond purchases starting from the next fiscal year. After the announcement, Japanese government bond futures prices fell by 0.1%, while the yields on 5-year and 10-year Japanese government bonds rose by 1.5 basis points each, and the exchange rate between the yen and the dollar remained relatively stable.