Haruhiko Kuroda speaks at the press conference of the bank in Tokyo. Reuters
Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya said the central bank is ready to ramp up stimulus and will consider all policy options, including deepening negative interest rates, if the loss of economic momentum hurts its efforts to boost inflation.
The Bank of Japan (BOJ) told investors for the first time on Thursday it would keep interest rates at super-low levels for at least one more year, seeking to dispel uncertainty over its commitment to ultra-loose policies as the economy comes under fresh pressure.
The 34-year-old clerk, working at a mall in Koto City, near Tokyo allegedly memorised the 16-digit credit card number, security code and expiry date of customers and used it to make purchases online.
The Bank of Japan (BOJ) kept monetary policy steady on Thursday but signaled the chance of expanding stimulus as early as its next policy meeting in October by issuing a stronger warning over the risks threatening the economy.
Japan’s fourth quarter GDP shrinks much faster than expected and its economy shrank at the fastest pace in almost six years in the December quarter as a sales tax hike hit consumer and business spending,
General Motors Co said it would wind down its Australian and New Zealand operations and sell a Thailand plant in the latest restructuring of its global business, costing the US auto maker $1.1 billion.
Gold prices on Monday eased from a near two-week high, as a monetary policy intervention by China’s central bank to limit the economic impact from the coronavirus outbreak reassured investors and boosted demand for higher-risk assets.