Kuroda Lays Ground for Further Stimulus After Holding Fire Today

  • BOJ keeps its new benchmark rate at minus 0.1 percent
  • Board voted 7-2 on negative rate, 8-1 on monetary base

Bank of Japan Refrains From Adding Stimulus

The Bank of Japan has left itself room to maneuver in coming months, indicating that more asset purchases and adjustments to its negative rate remain on the table after holding fire on further stimulus Tuesday.

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