The Bank of Japan will on Friday release the minutes from its monetary policy meeting on April 30-May 1, highlighting a busy day for Asia-Pacific economic activity.
At the meeting, the BoJ left its interest rate unchanged at 0.50 percent and lowered its growth projections, citing trade tariff threats. Inflation outlook for fiscal 2025 and 2026 were also lowered, mainly due to the fall in crude oil prices and the downward revision of the GDP growth rates.
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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.