<\/p>\n
The Bank of Japan decided in its meeting that ended this morning, Friday, June 16, to keep monetary policy unchanged, as expected, by keeping the current negative short-term interest rates at -0.10%, in addition to leaving the range for the yield of ten-year bonds to move plus or minus 0.5%.<\/span><\/span><\/p>\n The bank is buying exchange-traded funds (ETFs) for 12 trillion yen and Japanese real estate investment J-REITs for 180 billion yen.<\/span><\/span><\/p>\n The statement indicated that the Japanese economy is expected to continue to recover moderately, while the increase in the Consumer Price Index (CPI), from which fresh food prices are derived, was slower than it was in the past, at about 3.5%, benefiting from the declines in energy prices and government economic measures, and that inflation is expected to slow.<\/span><\/span><\/p>\n In the middle of the fiscal year ending in March of the year 2024.<\/span><\/span> The yield on Japanese Treasury bonds for ten years fell by 3% to 0.409% today, while the Japanese yen is trading against the US dollar at 140.70 levels.<\/span><\/span><\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" The Bank of Japan decided in its meeting that ended this morning, Friday, June 16, to keep monetary policy unchanged, as expected, by keeping the current negative short-term interest rates at -0.10%, in addition to leaving the range for the yield of ten-year bonds to move plus or minus 0.5%. The bank is buying exchange-traded […]<\/p>\n","protected":false},"author":1,"featured_media":6428,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-6768","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-currency-markets"],"acf":[],"yoast_head":"\n