The Bank of Japan has kept monetary policy on hold but hinted at action in October as it frets about a slowdown in the global economy.
Japan’s central bank on Thursday held overnight interest rates at minus 0.1 per cent, its target for ten-year bond yields at around zero per cent, and the pace of its asset purchases at a pace of ¥80tn ($740bn) a year.
But the bank gave an explicit warning that it is concerned about risks to the economic recovery and promised a review at its next meeting, after a planned hike in Japan’s consumption tax from 8 per cent to 10 per cent has gone ahead.
您已閱讀30%(586字),剩餘70%(1353字)包含更多重要資訊,訂閱以繼續探索完整內容,並享受更多專屬服務。