Bank of Japan Stuns Market by Holding Off on More Stimulus

  • Keeps three key tools unchanged; majority forecast some action
  • Policy makers delay forecast for reaching 2% inflation goal

BOJ Stimulus on Hold as Kuroda Assesses Negative Rates

The Bank of Japan held off on expanding monetary stimulus, as Governor Haruhiko Kuroda and his colleagues opted to take more time to assess the impact of negative interest rates.

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