• SHARE

The Bank of Japan said Friday it will maintain its key interest rate at around 0.1 percent, making clear its determination to hold the line against deflation.

The key interest rate has been kept at an extremely low level since last December, when the BOJ last cut the rate from 0.3 percent at the height of the global financial crisis.

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