Bank of Japan Sticks With Holding Pattern - News Summed Up

Bank of Japan Sticks With Holding Pattern


TOKYO—The Bank of Japan left its aggressive easing policy unchanged Friday and offered no new clues on when and how it might join other major central banks in winding down its measures as Haruhiko Kuroda heads toward a second five-year term as governor. The Japanese central bank voted 8-1 to maintain its target for 10-year Japanese government bond yields at around zero and its short-term deposit rate at minus 0.1%, extending its holding pattern on its current policy settings to a year and a half.


Source: Wall Street Journal March 09, 2018 02:48 UTC



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