Officials at the Bank of Japan have wrapped up a 2-day policy meeting. They have decided to press on with their easing program as they pursue their 2-percent inflation target.
Officials at the Bank of Japan have wrapped up a 2-day policy meeting. They have decided to press on with their easing program as they pursue their 2-percent inflation target.
The policymakers concluded their meeting with a pledge to stay focused on short- and long-term interest rates.
They say there will be no change to their negative rate policy for commercial banks. What that means is that lenders effectively have to pay 0.
