_bank-of-japan-holds-policy-rate-steady-amid-lower-than-expected-inflation.jpg "Bank of Japan Holds Policy Rate Steady Amid Lower-than-Expected Inflation from japanese inflation rate 2019 Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:45
👁 View: 375K times
✓ Published: 27-Apr-2024
👁 View: 375K times
✓ Published: 27-Apr-2024
Description:
The Bank of Japan kept its policy rate unchanged at 0% to 0.1% after its monetary policy meeting. This comes after Tokyo's April inflation was lower than expected at 1.6% versus estimates of 2.2%. The BOJ will continue bond purchases in line with its March decision of around $83 billion monthly. The yen weakened further against the dollar after the decision, trading around 156 yen to the dollar. BOJ Governor said exchange rate volatility could significantly impact the economy and prices.
The Bank of Japan kept its policy rate unchanged at 0% to 0.1% after its monetary policy meeting. This comes after Tokyo's April inflation was lower than expected at 1.6% versus estimates of 2.2%. The BOJ will continue bond purchases in line with its March decision of around $83 billion monthly. The yen weakened further against the dollar after the decision, trading around 156 yen to the dollar. BOJ Governor said exchange rate volatility could significantly impact the economy and prices.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_japan-inflation-cools-clouding-decision-on-rates-124-reuters.webp "Reuters")
_annual-inflation-drops-to-3-6-in-the-march-quarter.webp "Hopes of an interest rate cut this year have been dampened after worse than expected inflation figures. And in news no borrower wants to hear some experts are now discussing the prospect of a possible rate hike. It piles more pressure on the treasurer and his upcoming budget as more households struggle to balance their own.")
_japan39s-inflation-rate-will-probably-be-above-2-for-some-time-professor-says.webp "CNBC International TV")
⏲ 2 minutes 53 seconds 👁 84
_japan39s-inflation-hits-new-41-year-high-consumer-inflation-rises-4-from-last-year-124-wion.webp "WION")
⏲ 1 minute 23 seconds 👁 1.9K
_japan-unveils-36113-billion-package-to-beat-inflation.webp "Reuters")
_inflation-at-41-year-high-in-tokyo-as-food-prices-soar-across-japan.webp "South China Morning Post")
_billionaire-investor-ray-dalio-is-sticking-with-gold-as-a-hedge-against-inflation-39history-and-logic-show-that-39.webp "Dalio, the former CEO of Bridgewater Associates, has highlighted the escalating debt levels globally, with the U.S. debt reaching a record $34 trillion this year in a LinkedIn post. He also pointed out the debt issues faced by China, Japan, and European countries, which pose significant risks to their currencies.")
_analysis-japan-inflation-sowing-seeds-for-growthnhk-world-japan-news.webp "NHK WORLD-JAPAN")
_japan-inflation-cools-clouding-decision-on-rates-124-reuters.jpg)
_annual-inflation-drops-to-3-6-in-the-march-quarter.jpg)
_japan39s-inflation-rate-will-probably-be-above-2-for-some-time-professor-says.jpg)
_japan39s-inflation-hits-new-41-year-high-consumer-inflation-rises-4-from-last-year-124-wion.jpg)
_japan-unveils-36113-billion-package-to-beat-inflation.jpg)
_inflation-at-41-year-high-in-tokyo-as-food-prices-soar-across-japan.jpg)
_billionaire-investor-ray-dalio-is-sticking-with-gold-as-a-hedge-against-inflation-39history-and-logic-show-that-39.jpg)
_analysis-japan-inflation-sowing-seeds-for-growthnhk-world-japan-news.jpg)
![[+]](/images/menu.gif){kind=small}