• Kyodo


The Bank of Japan started a two-day policy meeting Tuesday in which it is likely to retain its current monetary easing policy despite the likelihood of consumer prices falling into negative territory.

Amid moves by major companies to raise wages this spring, the BOJ has maintained its outlook that consumer prices are likely to return to a positive trajectory in the latter half of this fiscal year and reach the central bank’s 2 percent inflation target.

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.