Bank of Japan keeps interest rates on hold to fight deflation
The Bank of Japan has again elected to keep interest rates on hold at the low level of 0.1%, as widely expected.It is anticipated that the Bank will leave rates at the low rate until around 2012 as a result of deflationary pressures.The world’s no.2 economy exited recession in the second quarter of this year [...]
Bank of Japan keeps interest rates on hold to fight deflation
