The Bank of Japan (BOJ) has announced its decision to hold its key interest rate steady at -0.1%, marking the third consecutive time it has maintained this rate since its January increase. This decision, widely anticipated by economists, reflects the BOJ's cautious approach to monetary policy amidst global economic uncertainty. The current policy aims to stimulate economic growth while carefully managing inflation. While other central banks have aggressively raised rates to combat inflation, the BOJ is focusing on ensuring sustainable wage growth and stable prices before tightening monetary policy further. The freeze on the key interest rate is expected to have several impacts. It could weaken the Yen against other major currencies and keep borrowing costs low for businesses. This could help boost exports and encourage investment, supporting Japan's economic recovery. However, the BOJ's monetary policy divergence from other major economies like the United States could further weaken the Yen. ```