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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

BOJ plans to keep interest rates very low until early 2020

April, 25 2019
watermark Economic news

The central bank of Japan maintained its monetary policy on Thursday. Moreover, they elucidated their plan to keep the borrowing rates at a very low rate for a longer period of time, at least until the “spring” season of 2020.

In highly anticipated action, the Boj aims around minus 0.1 percent as their short-term interest rate and extended their long-term interest rates. At the same time, they vowed to keep the 10-year government bonds into zero percent.

Although, the central bank did not specify the length of time in implementing very low-interest rates. BOJ Governor Haruhiko Kuroda is scheduled to hold a news conference today at 06.30 GMT.

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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.