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Bank of Japan sticks to its dovish stance as the rest of the world takes on jumbo hikes

Por: CNBC Business October 28, 2022

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In this articleKiyoshi Ota Bloomberg Getty ImagesThe Bank of Japan left interest rates unchanged Friday, remaining an outlier compared with its hawkish global peers that are undertaking jumbo rate hikes.The central bank also it would purchase necessary amounts of Japanese government bonds at a fixed rate in order to keep 10-year JGB yields at around 0%.The announcement is in line with predictions by economists in a Reuters poll, who expected no... + full article



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