BOJ Maintains Ultra-Low Rates and JGB Yield Curve Control Tolerance Band Amid Investor Impatience.
TL;DR Summary
The Bank of Japan has decided to maintain its ultra loose monetary policy, keeping its short-term interest rate target at -0.1% and making no changes to its yield curve control policy. This decision comes amidst global economic uncertainty and a focus on supporting fragile economic growth. Economists are now looking towards the bank's next meeting in July for potential changes to its yield curve control policy.
Topics:business#bank-of-japan#finance#global-economy#interest-rates#monetary-policy#yield-curve-control
- Bank of Japan leaves rates unchanged, holding them at ultra low levels CNBC
- BOJ keeps ultra-low rates as it looks past inflation risks Reuters
- Japanese Yen Slips as BOJ Keeps Policy Unchanged: What’s Next for USD/JPY? DailyFX
- Japanese investors' patience running thin as BOJ stalls ZAWYA
- BOJ announces no change to JGB Yield Curve Control tolerance band, as widely expected ForexLive
- View Full Coverage on Google News
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