Bank of Japan keeps monetary policy unchanged, sees slightly higher inflation in fiscal 2024


by CNBC

CNBC— The BOJ did not comment specifically on the yen, which has steadily weakened since the last BOJ meeting

Forex Factory—Minutes of the Monetary Policy Meeting on March 18 and 19, 2024. The Bank had been conducting market operations, including purchases of Japanese government bonds (JGBs), in accordance with the guideline for market operations and the guideline for conduct of yield curve control, both of which were decided at the previous meeting on January 22 and 23, 2024.7 With these market operations, long-term interest rates had been at levels consistent with the Bank's

Breitbart—Fed Keeps Rates Unchanged, Noting Progress on Inflation Has Stalled. Federal Reserve officials agreed on Wednesday to hold interest rates steady for the sixth consecutive meeting, signaling that it is willing to keep rates at the highest level in more than two decades for longer than previously expected and noting that progress on bringing down inflation has stalled. | Economy

@cityam—High commodity prices could keep inflation elevated, World Bank warns. Sustained high levels of energy and commodity prices could drive global inflation upwards, the World Bank has warned today.