Tag

Policy Review

All articles tagged with #policy review

finance2 years ago

BOJ's Ueda announces policy review while maintaining negative rates.

The Bank of Japan has left its interest rates unchanged in newly appointed Governor Kazuo Ueda's first policy meeting, while announcing a broad-perspective review of its easing measures. The central bank also kept the tolerance range for 10-year Japanese government bonds unchanged at 50 basis points above and below its target of 0%. Inflation in Japan's capital city ticked higher in April, exceeding forecasts in a Reuters poll for a 3.2% increase. Meanwhile, Japan's unemployment rate rose to 2.8% in March from 2.6% in February, government data showed.