BoJ keeps policy rates unchanged, says economy picking up

The Bank of Japan ended a policy meeting on Wednesday with no change to its strategy of doubling the monetary base for the sake of reaching a 2 percent inflation target and jolting the economy out of two decades of stagnation.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
Real-time Stock quotes, portfolio, LIVE TV and more.
GeStepAhead SME Special
moneycontrol.com

Home » News » World News

May 22, 2013, 10.47 AM | Source: AP

BoJ keeps policy rates unchanged, says economy picking up

The Bank of Japan ended a policy meeting on Wednesday with no change to its strategy of doubling the monetary base for the sake of reaching a 2 percent inflation target and jolting the economy out of two decades of stagnation.

Like this story, share it with millions of investors on M3

BoJ keeps policy rates unchanged, says economy picking up

The Bank of Japan ended a policy meeting on Wednesday with no change to its strategy of doubling the monetary base for the sake of reaching a 2 percent inflation target and jolting the economy out of two decades of stagnation.

Post Your Comments

Share Cancel

BoJ keeps policy rates unchanged, says economy picking up
Japan's central bank says the world`s third-biggest economy is "picking up" as demand recovers in other countries and remains resilient at home.

The Bank of Japan ended a policy meeting on Wednesday with no change to its strategy of doubling the monetary base for the sake of reaching a 2 percent inflation target and jolting the economy out of two decades of stagnation. That outcome was expected.

The central bank said in a statement, though, that there is a "high degree of uncertainty concerning Japan`s economy" and that prices show no signs yet of rebounding.

Japan`s economy grew 3.5 percent in the last quarter, but progress in increasing exports and boosting corporate investment and wages has lagged.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
BoJ keeps policy rates unchanged, says economy picking up

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login