Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexCryptocurrenciesCybersecurityPress Releases

BOJ policymakers saw need to keep ultra-easy policy - June meeting summary

06/26/2022 | 08:18pm EDT
A man walks past Bank of Japan's headquarters in Tokyo

TOKYO (Reuters) - Bank of Japan (BOJ) board members saw the need to maintain ultra-loose monetary policy to prop up wages and spur demand-driven rise in inflation, a summary of opinions at their June policy meeting showed on Monday.

Sharp yen falls would hurt Japan's economy by heightening uncertainty over the outlook, one BOJ board member was quoted as saying at the meeting.

At the June 16-17 meeting, the BOJ maintained ultra-low interest rates and vowed to defend its cap on bond yields with unlimited buying, bucking a global wave of monetary tightening in a show of resolve to focus on supporting a tepid economic recovery.

(Reporting by Leika Kihara; Editing by Shri Navaratnam)


© Reuters 2022
Latest news "Economy & Forex"
08:20aExclusive-India's Reliance Jio to launch 4G enabled low-cost laptop at $184 -sources
RE
08:17aBurkina Faso's self-declared military leader says "situation is under control"
RE
08:10aReliance jiobook laptop available to enterprise customers this m…
RE
08:10aReliance jio to launch budget laptop priced at $184 with an embe…
RE
08:02aWeighty U.S. Supreme Court term dawns with environmental and race cases
RE
07:48aGas outflow from last Nord Stream leaks has ended, Denmark cites company as saying
RE
07:02aFlorida's coast destroyed after Hurricane Ian
RE
06:59aHeavy machinery starts Hurricane Ian clean-up
RE
06:59aRussia says its forces destroy seven artillery depots in Ukraine
RE
06:59aRussian defence ministry: russian military forces hit seven arti…
RE
Latest news "Economy & Forex"