Rates: BoJ maintains pace of asset purchases; RBA holds steady

kuroda-2
Bank of Japan governor Haruhiko Kuroda

Japan: The Bank of Japan's (BoJ) monetary policy board voted today to maintain the pace of its asset purchase programme, continuing towards its target of a ¥60 trillion–70 trillion ($554 billion–$646 billion) annual increase in the monetary base.

The BoJ has been under pressure to do more to boost the economy, as growth turned negative in the second quarter of 2014 and inflation continues to fall short of the central bank's 2% target, currently standing at around 1.25%. The central bank acknowle

To continue reading...

You must be signed in to use this feature.

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: