Pursuits
Bank of Japan Leaves Monetary Policy Unchanged as Forecast
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The Bank of Japan refrained from expanding monetary stimulus as Governor Haruhiko Kuroda bets the world’s third-biggest economy will emerge from a recent soft patch and inflation will pick up.
The central bank will keep increasing the monetary base at an annual pace of 80 trillion yen ($640 billion), as expected by all 37 economists surveyed by Bloomberg.