Japan paying ‘particular attention’ to Europe but holds rates

bankofjapan

The Monetary Policy Board at the Bank of Japan today (June 15) announced it had unanimously decided to leave its benchmark interest rate at 0–0.1%.

The central bank said "particular attention" was being paid to developments in the European markets "for the time being", suggesting their stance might change as a result of events such as the upcoming Greek elections.

Political pressure had been mounting on the central bank to introduce more stimulus, but the policy board opted against it, noting so

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 indvidual account here: