Japan paying ‘particular attention’ to Europe but holds rates


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

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: