Search result for The Bank of Japan
The Bank of Japan kept the yield curve's range unchanged, which led to a decline in the value of the yen.
After the Bank of Japan shocked markets by maintaining its yield curve tolerance zone at its previous level, the yen fell in value relative to the dollar. After the decision was revealed, the value of the yen dropped by as much as 2.7% versus the dollar, reaching a low of 130.35. This was the yen...
The Bank of Japan continues its easing program despite the strengthening yen.
Even as the yen has been under pressure from the U.S. Federal Reserve's aggressive tightening and other central banks, the Bank of Japan maintained its ultra-loose monetary policies on Friday.
The yen's collapse to 32-year lows against the dollar as a result of the disparity in ...
Why is the Bank of Japan taking this stance on interest rates?
The Bank of Japan has maintained its position despite interest rate increases by the Federal Reserve and other central banks across the world in an effort to reduce inflation.
Japan's benchmark interest rate has been negative 0.1% since 2016. The third-largest economy in the world h...