BoJ maintains monetary easing at Kuroda’s final policy meeting

Ueda confirmed as next governor as pressure grows to abandon yield curve control

Haruhiko Kuroda
Outgoing BoJ governor Haruhiko Kuroda
European Central Bank

The Bank of Japan kept its ultra-loose monetary policy unchanged at outgoing governor Haruhiko Kuroda’s last policy meeting today (March 10).

The BoJ’s nine-member policy board unanimously decided to leave the central bank’s short-term interest rates unchanged at -0.1%. It also kept its target for yields on 10-year Japanese government bonds at around 0%.

The central bank also maintained its commitment to allow the 10-year bond yield to move 50 basis points either side of its 0% target. The BoJ

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 info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

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

.