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Bank of Japan Keeps Rates Unchanged at Kuroda’s Final Meeting
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TOKYO—The Bank of Japan kept its interest-rate targets unchanged Friday at Gov. Haruhiko Kuroda’s final meeting after 10 years on the job, but analysts expect policy to shift under his successor, Kazuo Ueda.
The bank maintained its cap on the 10-year Japanese government bond yield at 0.5% and kept short-term interest rates at minus 0.1%. BOJ officials have said the bank still needs time to examine the effects of its December decision to raise the cap to 0.5% from 0.25%.
Read more on wsj.comAbout this in other media
Central Banks Should Press Ahead With Rate Rises Despite Bank Pains, Says OECD wsj.com /1 year ago
Fitch says banks in Asia are resilient to risks seen in U.S. bank failures cnbc.com /1 year ago
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