BoJ keep monetary policy unchanged

Source: RTT News
© Scanpix/AP
After the Wednesday meeting, the Bank of Japan decided to implement no changes to the monetary policy in the country, leaving the pace of increase of monetary base on the annual 60-70 trillion yen level. As expected, the inflation will move closer to 2%, however some analysts say that is not achievable without more stimulus, as they expect the extra easing to be added in October.

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