Bank of Japan keeps policy rate steady while raising inflation forecast on Iran war worries

The yen rose on Monday, helped by comments from Bank of Japan Governor Kazuo Ueda who left the door open to a near-term rate hike. Javier Ghersi | Moment | Getty Images Japan's central bank kept its policy rate steady at 0.75% on Tuesday, while revising its inflation estimates upwards as the Iran war raises supply-side risks. The decision to keep rates steady came in a split 6-3 vote, and was in line with Reuters-polled analysts' estimates. …