The Bank of Japan has decided to keep short-term interest rates unchanged in its two-day policy meeting that ended on Thursday.
The central bank said it will maintain the current monetary policy with the key interest rate steady at around 0.25 percent.
Policymakers apparently judged that for now they will keep an eye on wage and price trends as well as the future of the US economy ahead of the presidential election.
Governor Ueda Kazuo is slated to hold a news conference later in the day to explain the reasons behind the decision.