US EditionBank of Japan leaves rates unchanged, maintaining ultra-loose monetary policy
- The Bank of Japan has decided to maintain its loose monetary policy despite pressure to become more hawkish. The decision comes as the yen weakens and inflation remains high.
- The Bank of Japan's ultra-loose monetary policy has faced increasing pressure, but officials have chosen to hold off on tightening. This decision is influenced by the weakening yen and persistent high inflation.
- The Bank of Japan's decision to stick to its loose monetary policy is driven by the yen's depreciation and the continued presence of high inflation.
14 Articles
14 Articles
Bank of Japan sticks to ultra-loose monetary policy
The Bank of Japan stuck to its ultra-loose monetary policy Friday, though officials face increasing pressure to turn more hawkish as the yen weakens and after fresh data showed inflation remained stubbornly high. While most other major central banks have pressed ahead with a campaign of interest rate hikes in…
BOJ stands pat on stimulus, fueling pressure on weak Yen
The BOJ kept its negative interest rate and the parameters of its yield curve control program intact in an outcome predicted by all 46 economists surveyed by Bloomberg. It also maintained a pledge to add to its stimulus without hesitation if needed.
The Japanese central bank, the Bank of Japan (BOJ), is keeping its interest rates unchanged and gives no sign of a change in its relatively soft interest rate line. The key rate is left untouched at -0.1 per cent, which is in line with expectations. Inflation in Japan, too, remained unchanged in August compared with the month before, according to new statistics. Consumer...
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
