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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    The central bank keeps its monetary policy unchanged

    rocky
    rocky
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    The central bank keeps its monetary policy unchanged Empty The central bank keeps its monetary policy unchanged

    Post by rocky Fri 15 Jun 2018, 2:19 am

    The central bank keeps its monetary policy unchanged






    2018/06/15 09:08


    (Encyclopedia of this Day News | Iraq News ) - Direct: The Central Bank of Japan to keep interest rate unchanged, as well as thequantitative easing program, while lowering its estimates for inflation.

    The Bank of Japan's monetary policy statement on Friday showed that the short-term interest rate should remain at -0.1%. The central bank kept the yield on 10-year government bonds at zero and kept the quantitative easing program at the same pace of 80 trillion yen a year.

    The bank said it expected inflation to range from 0.5% to 1%, which was lower than its estimate at its last meeting when it said the CPI was moving towards 1%.

    On the level of economic growth, the Japanese central bank said the economy is expanding moderately, noting that he was not troubled by the downturn in the first quarter of 2018.

    Economic growth in the world's third-largest economy fell 0.6 percent from January to March year-on-year, versus 0.6 percent growth in the fourth quarter of last year.

    By 5:30 am GMT, the yen was down 0.2 percent at 110.83 yen.



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