Global Economic News

Bank Of Japan Keeps Monetary Policy Unchanged

The Bank of Japan kept its monetary policy stimulus unchanged on Wednesday, ahead of next week's presidential election of the ruling Liberal Democratic Party to select a successor to the outgoing Prime Minister Yoshihide Suga.

The board, governed by Haruhiko Kuroda, on Wednesday, 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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by RTTNews Staff Writer

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