The Bank of Japan began a two-day policy meeting Thursday amid growing expectations that the central bank would keep interest rates steady to check the impact on markets from its previous rate hike. The BOJ raised its policy rate to around 0.25 percent from a range of zero to 0.1 percent in July following the end of negative rate policy in March. The moves have increased volatility in the stock and currency markets. The BOJ entering the cycle of less accommodative policy amid the historic depreciation of the yen contrasts with other major central banks that have started loosening their monetar…