scorecardresearchBank of Japan Holds Firm to Deepen Outlier Status, Keep Pressure on Yen

Bank of Japan Holds Firm to Deepen Outlier Status, Keep Pressure on Yen

Updated: 17 Jun 2022, 08:43 AM IST
TL;DR.
The Bank of Japan held firm with its rock-bottom interest rates Friday, resisting an intensifying global wave of central bank tightening and recent market pressure on the yen and government bonds.
A banknote of Japanese yen is seen in this illustration picture taken June 15, 2022. REUTERS/Florence Lo/Illustration

A banknote of Japanese yen is seen in this illustration picture taken June 15, 2022. REUTERS/Florence Lo/Illustration