Japan leaves rates unchanged

JAPAN - As widely anticipated the Bank of Japan made no change to its monetary policy today, following its two-day meeting.

The lending rate remains effectively zero and the target volume of current account deposits remains at the raised September levels of above six trillion yen, though the level is actually being maintained at above nine trillion. The Bank of Japan has committed to maintaining a policy of 'quantitative easing' until changes in consumer prices stabilise at zero.

Finance minister

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.