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At its Monetary Policy Meeting, the Bank of Japan unanimously decided to keep the policy interest rate at the current 0.25%. Please watch the video of the press conference held by Bank of Japan Governor Ueda on the afternoon of the 31st. Read the article on this video > https://news.ntv.co.jp/category/econo... The ruling party lost a large number of seats in the House of Representatives election, making the political situation unclear. In addition, the US presidential election is scheduled for the 5th of next month, and the outlook for the global economy and financial markets is becoming more uncertain. The Bank of Japan made the decision while still assessing the domestic and international situation. In addition, at this meeting, the Bank of Japan's economic and price outlook, which is released every three months, was also announced. The outlook for consumer prices excluding fresh food for fiscal 2025 has fallen from the previous forecast due to the recent decline in crude oil prices and other factors, and is up +1.9% from the previous year. Regarding future monetary policy, while stating that it is necessary to "closely monitor" the direction of overseas economies such as the United States and trends in financial markets, if the economy and prices progress as expected, "the policy interest rate will continue to be raised." (Broadcast on October 31, 2024) ◇Membership "NTV NEWS Club" has begun. For 290 yen per month, you will receive badge benefits that change color depending on your membership history and improve your status, as well as basic functions such as stamps that can be used in live chat!! / @ntv_news ◇NTV News Bureau's SNS X / news24ntv TikTok / ntv.news Facebook / ntvnews24 Instagram https://www.instagram.com/ntv_news24/... ◇[Latest news now available] NTV NEWS https://news.ntv.co.jp/ #Bank of Japan #Governor Ueda #Policy interest rate #NTV #News