Japan's Aso says monetary policy up to the Bank of Japan to decide
[TOKYO] Japanese Finance Minister Taro Aso said on Friday that monetary policy was up to the Bank of Japan to decide, when asked about the possibility of the central bank's deepening negative interest rates.
The central bank kept monetary policy steady on Thursday but signalled the chance of expanding stimulus as early as its next policy meeting in October by issuing a stronger warning against overseas risks threatening the export-reliant economy.
REUTERS
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
China’s Jan-March foreign investment inflows down 26%
South Korea government offers first compromise to end doctors' strike
Japanese AI tool predicts when recruits will quit jobs
India votes in gigantic election dominated by jobs, Hindu pride and Modi
Britain’s retail sales disappoint in sign of lacklustre recovery
Explosions in Iran, US media reports Israeli strikes