The Bank of Japan will keep its policy rate at the current level to maintain monetary easing and will not raise it further when financial markets are unstable, one of its deputy chiefs said Wednesday. BOJ Deputy Governor Shinichi Uchida also said in a speech in Hokkaido, northern Japan, that the recent pause in the yen’s weakening has “decreased” upside risks to inflation via import costs. Foreign exchange moves appear to be affecting prices at a faster pace than before, reflecting changing price-setting behavior among Japanese firms, he said. The BOJ raised its policy rate in July to around 0…