Published 12 days ago

BOJ keeps rates steady, projects inflation staying near 2% in coming years

The Bank of Japan decided to maintain ultra-low interest rates on Friday to keep borrowing costs low.
According to Reuters, BOJ expects inflation to stay near its 2 per cent goal for the next three years.
BOJ shows readiness to possibly raise borrowing costs later this year and continues to buy government bonds at a set rate of around 6 trillion yen.

Insights by Ground AI

Does this summary seem wrong?

0 Articles

All

Left

Center

Right

Reuters

BOJ keeps rates steady, projects inflation staying near 2% in coming years

12 days ago·United Kingdom

Read Full Article

WION

BOJ projects inflation near 2 pc amidst yen's fall: Ready for a rate hike

The Bank of Japan (BOJ) announced its decision to maintain ultra-low interest rates on Friday, with the objective of keeping borrowing costs low. According to Reuters, the central bank, in its quarterly outlook report, projected that inflation would hover near its 2 per cent target over the next three years.

12 days ago·Noida, India

Read Full Article

Bloomberg

Bank of Japan Stands Pat On Rates And Bond Buying, Hitting Yen

The Bank of Japan held interest rates steady and simplified its language on bond-buying, an outcome that prompted the yen to set a fresh 34-year low amid ongoing concerns of possible currency intervention.

12 days ago·United States

Read Full Article