Bank Of Japan Stands Pat On Rates, YCC

The Bank of Japan continued to retain its negative interest rate and the yield curve control on Tuesday, navigating opposite to the global move of tightening the policy to address inflationary pressures. The BoJ policy board, led by Governor Kazuo Ueda, unanimously decided to maintain a negative interest rate of 0.1 percent on current accounts that financial institutions maintain at the centralOriginal Article