Summary of Bank of Japan keeps benchmark interest rate steady as it treads cautiously on normalizing policy
Summary of Bank of Japan keeps benchmark interest rate steady as it treads cautiously on normalizing policy
The Bank of Japan maintained its benchmark interest rate at 0.25%, despite expectations of another rate hike by the end of the year. The decision comes as the BOJ treads cautiously with the task of normalizing monetary policy after a long-held ultra-easy approach.
quoting nevent1q…mfdzBank of Japan keeps benchmark interest rate steady as it treads cautiously on normalizing policy
The decision came as the central bank seeks to wean its economy off the long-held ultra-easy monetary policy and curb the yen's slide against the U.S. dollar.
https://www.cnbc.com/2024/09/20/bank-of-japan-keeps-benchmark-interest-rate-steady-as-it-treads-cautiously-on-normalizing-policy-.html
The Bank of Japan maintained its benchmark interest rate at 0.25%, despite expectations of another rate hike by the end of the year. The decision comes as the BOJ treads cautiously with the task of normalizing monetary policy after a long-held ultra-easy approach.