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BOJ keeps ultraloose policy after Fed rate hike - Nikkei Asia

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BOJ keeps ultraloose policy after Fed rate hike - Nikkei Asia - Nikkei Asia

Quick Summary:

Federal Reserve's sharp interest rate increase overnight.

After a two-day policy meeting, the BOJ's board on Thursday, as expected, decided to keep its monetary policy unchanged.

Under its "yield-curve control policy," the bank can purchase Japanese government bonds without limit to guide 10-year government bond yields to zero and short-term rates to minus 0.1%.

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Article Details

Author / Journalist: MITSURU OBE

Category: InvestingFinanceAsia

Topics: Government Nikkei Bank Review Policy Monetary Ultraloose Asian Global Japan Content

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-22, 03:04:00

News Timezone: GMT +9:00

News Source URL:

Language: English

Reading Time: 1 minutes read

Article Length: 173 words

Coverage Area: Japan

Availability: Desktop Web, Mobile Web

News ID: 460108

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About Nikkei Asia

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Main Topics: InvestingFinanceAsia

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Update Frequency: 31 posts per day

Year Established: 1876

Headquarters: Japan

News Last Updated: 9h ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +9:00

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #19

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