Start GRASP/Japan Bank of Japan Gives No Hints of Policy Change

Bank of Japan Gives No Hints of Policy Change

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Japan’s central bank sticks to its aggressive monetary easing, offering no indication it is considering policy changes despite recent speculation that it may be preparing the ground for rate increases.
TOKYO—The Bank of Japan stuck to its aggressive monetary easing Thursday and offered no indication it was considering policy changes despite recent speculation that it may be preparing the ground for rate increases next year.
The Japanese central bank voted 8 to 1 to maintain its target for 10-year Japanese government bond yields at around zero and its short-term deposit rate at minus 0.

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