BOJ to Cut Bond Buying in Normalization Step as Rate Held Steady

-- The Bank of Japan kept its benchmark interest rate steady and said it will set out plans for reducing the amount of its bond buying at its July meeting while leaving purchases unchanged until then.Authorities kept the benchmark rate in a range between 0 and 0.1% in line with a consensus forecast from economists surveyed by Bloomberg.

Friday’s BOJ decision comes days after Fed officials dialed back their expectations for interest-rate cuts this year, in a move that weighed on the yen. Nvidia stock forecast: After rising more than 200% in a year the chipmaker could be fabulously profitable, an AI leader—and an extremely poor investmentClaim CPP at 60? Here’s Why it Could Pay Off Big

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