Policymakers at the Bank of Japan have decided to keep the central bank's easing program unchanged.
The two-day meeting that ended on Friday was the last for Governor Kuroda Haruhiko, who will step down next month. The policy of massive monetary easing he has conducted over his decade-long tenure will be carried over to the new governor.
The BOJ will keep the short-term benchmark interest rate in negative territory. It will also continue its asset purchases to keep long-term rates "around 0 percent."
The two-day meeting that ended on Friday was the last for Governor Kuroda Haruhiko, who will step down next month. The policy of massive monetary easing he has conducted over his decade-long tenure will be carried over to the new governor.
The BOJ will keep the short-term benchmark interest rate in negative territory. It will also continue its asset purchases to keep long-term rates "around 0 percent."
Similar Readings (5 items)
BOJ holds pat on monetary policy
BOJ sticks to monetary easing policy
BOJ holds pat on monetary easing policy
BOJ holds pat on monetary policy, embarks on policy review
Bank of Japan stays course on monetary policy
Summary
Bank of Japan maintains its easing program, with short-term interest rate remaining negative and asset purchases continuing to keep long-term rates around 0%. This decision was made during the last meeting of Governor Kuroda Haruhiko, who will step down next month. The policy of monetary easing
Statistics
83
Words1
Read CountDetails
ID: 8d4ef6ca-3e99-46b3-88d5-965c2188fe3d
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20230310_21/
Date: March 10, 2023
Created: 2023/03/10 13:53
Updated: 2025/12/09 06:27
Last Read: 2023/03/10 14:48