Bank of Japan keeps monetary policy on hold

The Bank of Japan has kept monetary policy on hold but hinted at possible action in October as it frets about a slowdown in the global economy. “With the slowdown in overseas economies continuing and downside risks on the increase, we judged it’s becoming necessary to pay closer attention to the possibility of losing momentum towards our price stability goal,” said Haruhiko Kuroda, BoJ governor, in a press conference after the decision.

source https://finance.yahoo.com/m/f8fb4d84-c2fa-32ab-9d3b-8a7df9bb99e0/bank-of-japan-keeps-monetary.html?.tsrc=rss

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