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BOJ Keeps Policy Unchanged, Downgrades Assessment of Inflation

Friday, 15 June 2018 10:01 WIB Fiskal & Moneter Moneter

The Bank of Japan left monetary policy unchanged even as it downgraded its assessment of inflation, falling further behind its global peers at the end of a busy week for central banks. The BOJ maintained the settings on its yield-curve control program and asset purchases, it said in a statement Friday, a result forecast by all 45 economistssurveyed by Bloomberg. The central bank downgraded its assessment of inflation after raising it in January. It said it now sees the consumer price index in a range of 0.5 percent to 1.0 percent. While the BOJ struggles, the Federal Reserve this week raised interest rates for the sixth time in 18 months and set a steeper rate-hike...

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Monetary

The Bank of Japan left monetary policy unchanged even as it downgraded its assessment of inflation, falling further behind its global peers at the end of a busy week for central

    Fiscal

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