Thursday 22 August 2019 ,
Thursday 22 August 2019 ,
Latest News
  • Aug 21 grenade attack case appeal hearing to start this year: Minister
  • Nation observing Aug 21 grenade attack anniversary
  • Strict supervision must to protect Meghna River: ADB
  • Article 370 is internal issue of India: Bangladesh
  • Trump talks mediation on Kashmir again
2 September, 2018 00:00 00 AM
Print

Japan central bank chief says no rate hike for ‘long time’

AFP

The Bank of Japan will not raise interest rates “for quite a long time”, its chief said in an interview published yesterday even as its US and European peers tighten monetary policy, reports AFP from Tokyo. Haruhiko Kuroda dismissed speculation that the central bank was planning to adjust its super-loose policy, aimed at keeping long-term interest rates around zero percent and short-term rates at minus 0.1 percent “We don’t intend to raise them for quite a long time,” he told the mass-circulation Yomiuri newspaper.  The BoJ has struggled for years to reach the 2.0 percent inflation rate thought necessary to turbocharge Japan’s economy, and has defended its decision to maintain monetary easing even as other central banks tighten policy.

After its last policy meeting in July, the BoJ said it “intends to maintain the current extremely low levels of short-and long-term interest rates for an extended period of time.”

 

Comments

More Business stories

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting