Bank Of Japan Holds Fire On Fresh Stimulus, Leaves Key Rate Unchanged

In a widely expected move, the Bank of Japan (BoJ) Tuesday held fire on further stimulus and kept its target of increasing the monetary base at an annual pace of 80 trillion yen. The decision to keep interest rates steady at -0.1 percent comes less than two months after the central bank ventured into the negative territory to increase liquidity and boost growth.








Read More: http://www.ibtimes.com/bank-japan-holds-fire-fresh-stimulus-leaves-key-rate-unchanged-2336505

No comments:

Post a Comment