Bank Of Japan Keeps Monetary Policy Unchanged – RTTNews

Bank Of Japan Keeps Monetary Policy Unchanged – RTTNews
The Bank of Japan on Friday decided to keep its monetary policy unchanged after announcing unprecedented stimulus measures on April 4 with an aim to reverse 15 years of deflation in the country. In a brief statement today, the central bank reiterated …
Read more on RTT News

Central banking roundup
The Nikkei is up over 2% today (it is up some 40% since the promise of new monetary action was first raised last year). And the yen is sinking. In monetary policy, believing is seeing; real output in Japan is expected to perform well this year, and …
Read more on The Economist (blog)

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