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Bank 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.
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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...

·Stockholm, Sweden
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  • 67% of the sources are Center
67% Center
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MarketWatch broke the news in United States on Friday, September 22, 2023.
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