BOJ to Hold Rate Steady With Focus on October Signals

The Bank of Japan is widely expected to keep its benchmark interest rate unchanged at a policy meeting Friday, leaving BOJ watchers to sift for clues as to the likelihood of a move next month or in December.

All 50 economists surveyed by Bloomberg said borrowing costs will stay at 0.5% at the end of the two-day gathering, which kicked off shortly after the Federal Reserve announced its first rate cut since December and telegraphed two more cuts this year.