• SHARE

The Bank of Japan decided Thursday to keep its unsecured overnight money rate target unchanged at 0.25 percent.

During a previous board meeting on Aug. 11, the BOJ terminated its 18-month-old “zero-interest-rate” policy despite fierce opposition from the government.

The nine-member policy board made its most recent decision by a majority vote, effectively affirming its decision to discard the ultraeasy monetary policy.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW