LOGO
LOGO

TODAY'S TOP STORIES

BoJ Leaves Ultra-Loose Policy Unchanged; Maintains Dovish Stance

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The Bank of Japan kept its massive monetary policy stimulus unchanged on Friday defying the global tightening stance, and maintained its guidance on the interest rate despite the weakening yen.

The policy board, governed by Haruhiko Kuroda, unanimously decided to maintain a negative interest rate of -0.1 percent on current accounts that financial institutions maintain at the central bank.

The board repeated its guidance on rates that short- and long-term policy interest rates will remain at their present or lower levels.

Subscribe to continue reading the article.
This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.
Start Free Trial
FREE 7-Day Trial - No Payment Required
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 08-12, 2026

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.