Sunday 20 October 2019 ,
Sunday 20 October 2019 ,
Latest News
  • Learn to tolerate dissenting opinions: Speaker
  • 5 held for stabbing RU student
  • Cleanliness drive will not spare any wrongdoer: Quader
  • Child killed, 3 injured in Chattogram fire
  • It’s an accidental incident; BSF showed “hegemony”: FM
  • 184 new dengue patients hospitalised in 24 hrs
20 September, 2019 00:00 00 AM
Print

Bank of Japan leaves policy unchanged after Fed rate cut

AFP, Tokyo

The Bank of Japan yesterday warned of increasing downside risks for the global economy but held off on further easing, even as European and US peers loosen their credit grip. The central bank said it would maintain its ultra-loose monetary policy, vowing to keep interest rates low at least until the spring of 2020, though governor Haruhiko Kuroda did hint at possible moves next month. But it warned of headwinds including the prolonged trade war between the US and China, and Britain possibly leaving the European Union without a divorce deal.

"Given that, recently, slowdowns in overseas economies have continued to be observed and their downside risks seem to be increasing, the Bank judges that it is becoming necessary to pay closer attention to the possibility that the momentum toward achieving the price stability target will be lost," it said in a post-meeting statement. The statement -- released after a two-day meeting -- did not include a revision to its July inflation outlook, projecting 1.0 percent for the year to March 2020 and 1.3 percent the following year.

Comments

Most Viewed
Digital Edition
Archive
SunMonTueWedThuFri Sat
0102030405
06070809101112
13141516171819
20212223242526
2728293031

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