Bank of Japan keeps monetary policy unchanged - Last hour

2023-09-22T03:35:43.134Z

Highlights: The Central Bank of Japan (BoJ) keeps its ultra-loose monetary policy unchanged. The committee led by Governor Kazuo Ueda chose to leave short-term rates in negative territory at minus 0.1%. The BoJ decided to set a 0% target for 10-year government bonds in September 2016. The yield control curve (YCC) has been in place since September 2016, when the BoJ decision was made to set the target at 0%. The committee chose to keep the YCC in place for the time being.

The Central Bank of Japan (BoJ) keeps its ultra-expansionary monetary policy unchanged, respecting the forecasts of the eve, in the face of the uncertainty still existing on the path of inflation. (ANSA)