The BOJ last year pulled short-term rates out of negative territory and ended a policy capping bond yields around zero, on the view Japan was on the cusp of durably hitting its 2% inflation target.
The Bank of Japan kept interest rates steady on Wednesday and warned of heightening global economic uncertainty, suggesting ...
This account of the BOJ’s decision last week is based on conversations with over a dozen government officials, Kishida administration aides and sources with direct knowledge of the central bank ...
The BOJ last year pulled short-term rates out of negative territory and ended a policy capping bond yields around zero, on the view Japan was on the cusp of durably hitting its 2% inflation target.
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