Bank of Japan left its ultra-loose monetary policy stance unchanged on Friday in the final meeting led by Governor Haruhiko Kuroda, thus passing the baton to Kazuo Ueda who was just confirmed by the Japanese parliament Diet as his successor.
The decision was in line with economists' view as policymakers were widely expected to maintain status quo in the last meeting of Kuroda's decade-long term that ends on April 8. The BoJ board unanimously decided to kept its yield curve control policy unchanged this time. Under this stance, the bank aims to keep the yields on 10-year Japanese government bonds between plus or minus 0.5 percentage points. This range was expanded in December from plus or minus 0.25 percentage points.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.