LOGO
LOGO

Economy And The Numbers

BoJ Keeps Monetary Easing Plan Unchanged

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The Bank of Japan on Wednesday decided to keep its monetary easing program unchanged from that announced in April and said the economy has started to pick up.

Reaffirming its latest easing measures, the central bank's Policy Board said the bank will conduct money market operations so that the monetary base will increase at an annual pace of about JPY 60-70 trillion.

The bank will continued to purchase Japanese government bonds so that their amount outstanding will increase at an annual pace of about JPY 50 trillion. The average maturity of the bank's JGB purchases will remain at seven years.

The Policy Board noted that the economy has started to pick up. Exports have stopped decreasing with overseas economies heading towards a pick up, the policymakers noted.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19