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BOJ Maintains Ultra-Low Rates and JGB Yield Curve Control Tolerance Band Amid Investor Impatience.

1 min read
Source: CNBC
BOJ Maintains Ultra-Low Rates and JGB Yield Curve Control Tolerance Band Amid Investor Impatience.
Photo: CNBC
TL;DR

The Bank of Japan has decided to maintain its ultra loose monetary policy, keeping its short-term interest rate target at -0.1% and making no changes to its yield curve control policy. This decision comes amidst global economic uncertainty and a focus on supporting fragile economic growth. Economists are now looking towards the bank's next meeting in July for potential changes to its yield curve control policy.

Topics:businessfinance#bank-of-japan#finance#global-economy#interest-rates#monetary-policy#yield-curve-control
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  1. Bank of Japan leaves rates unchanged, holding them at ultra low levels  CNBC
  2. BOJ keeps ultra-low rates as it looks past inflation risks  Reuters
  3. Japanese Yen Slips as BOJ Keeps Policy Unchanged: What’s Next for USD/JPY?  DailyFX
  4. Japanese investors' patience running thin as BOJ stalls  ZAWYA
  5. BOJ announces no change to JGB Yield Curve Control tolerance band, as widely expected  ForexLive
  6. View Full Coverage on Google News

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