BUSINESS Bank of Japan keeps easing policy despite US, Europe rate hikes

BUSINESS

Bank of Japan keeps easing policy despite US, Europe rate hikes

AFP

10:57, June 17, 2022

Bank of Japan headquarters in Tokyo, Japan. (Photo: VCG)

The Bank of Japan said Friday it will stick to its long-held monetary easing policy even as other central banks around the world hike interest rates to tame runaway inflation.

In a statement following a two-day meeting, the BoJ said it will stick to its ultra-loose monetary policy, despite pressure to address the impact of a weaker yen.

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue