Central bank keeps policy rate at 0.5%, will slow bond taper next year
The Bank of Japan
The Bank of Japan has held its policy rate at 0.5% and said it will slow the pace of its government bond purchases from next year.
In a statement today (June 17), the BoJ’s policy board said the rates decision had been made unanimously amid global trade uncertainty and “more or less flat” exports and industrial production.
The BoJ noted that Japan’s economy had recovered moderately since its previous monetary policy meeting on April 30. It added that it expected underlying consumer price index
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