The Bank of Japan kept its monetary stimulus unchanged as widely expected on Thursday.
Governor Haruhiko Kuroda and his board members decided by an 8-1 majority vote to hold its target of raising the amount of outstanding JGB holdings at an annual pace of about JPY 80 trillion.
The bank will purchase government bonds so that the yield of 10-year JGBs will remain at around zero percent.
The board also decided to maintain the -0.1 percent interest rate on current accounts that financial institutions maintain at the bank.
With regard to outlook, Japan's economy is likely to continue its moderate expansion.
Annual inflation is likely to continue on an uptrend and increase toward 2.0 percent, mainly on the back of an improvement in the output gap and rise in medium-to long-term inflation expectations.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.