Bank of Japan stays put

The Bank of Japan left its benchmark interest rate unchanged at 0.5% on Thursday. Only one board member, Atsushi Mizuno, opposed the decision and voted for a rate rise.

Explaining the decision, Toshihiko Fukui, the governor of the Bank of Japan, said after the two-day meeting that board members want to examine more data before increasing borrowing costs.

"There is no change in our expectations that the economy will continue this lasting growth," Fukui said at a news briefing.

He added that

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: