The Bank of Japan maintained ultra-low interest rates, confirming that it won’t join major global central banks in tightening monetary policy
TOKYO—The Bank of Japan maintained ultra-low interest rates on Friday, confirming that it won’t join the Federal Reserve and other major global central banks in tightening monetary policy.
The Japanese central bank kept its target for short-term interest rates at minus 0.1% and its target for the 10-year Japanese government bond yield at around zero.
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