Bank of Japan cuts economic, inflation outlook for FY 2025, keeps rate steady

Bank of Japan cuts economic, inflation outlook for FY 2025, keeps rate steady
The Bank of Japan (BOJ) on Thursday cut its economic and inflation projections for the current fiscal year from April and maintained its benchmark interest rate, as concerns grew over the impact of hefty US tariffs on the economy.The central bank warned of a decline in domestic corporate profits as trade f...