News from Bank of Japan
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Bank of Japan · JapanThe Bank of Japan decided to keep its interest rates on hold this week, a move expected by many but still significant as it followed a record plunge of the yen to a 34-year low. Despite the volatility, the central bank’s benchmark rate remains fixed between 0% and 0.1%. This decision marks a period of economic recalibration for Japan, as the country navigates through fluctuating market conditions without altering its monetary stance. Monetary St…See the Story
Bank of Japan keeps rates steady, yen plunges to historic low
Inflation · Chiang Rai(CTN News) – Following its monetary policy meeting, the Bank of Japan kept its benchmark interest rate at 0%-0.1% on Friday. Reuters polled economists who forecast the same result. Despite the move being anticipated, Tokyo’s April inflation came in lower than expected, with core inflation at 1.6% compared to Reuters’ expectations of 2.2%. Additionally, the […] The post The Bank Of Japan Anticipates Higher Inflation In Fiscal 2024 appeared first …See the Story
The Bank Of Japan Anticipates Higher Inflation In Fiscal 2024
Bank of Japan · TokyoTOKYO – Who needs Las Vegas or Macau when betting on how low the yen can go is the best game anywhere? It’s not where the Bank of Japan wanted to find itself this week as it mulled interest rate policy. That Governor Kazuo Ueda’s team did nothing on Friday (April 26) was hardly surprising. What was […] The post No limit to how low the yen will go appeared first on Asia Times.See the Story
No limit to how low the yen will go
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