The Bank of Japan maintained its monetary stimulus unchanged, as widely expected, after tweaking its policy at the March meeting.
The bank downgraded its near-term inflation forecast and raised its growth projections despite the restrictions related to COVID-19 pandemic.
The board, governed by Haruhiko Kuroda, on Tuesday, voted 8-1 to hold the interest rate at -0.1 percent on current accounts that financial institutions maintain at the central bank.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.