• Bank of Japan’s monetary policy remained unchanged

Market news

8 August 2014

Bank of Japan’s monetary policy remained unchanged

The Bank of Japan released its interest decision on Friday. The BoJ's interest rate remained unchanged at 0.10%. Japan's central bank will continue to increase the monetary base at an annual pace of 60 trillion yen to 70 trillion yen.

The BoJ said that Japan's economy has continued to recover moderately. But exports and factory output "have shown some weakness", so the central bank.

The BoJ added the employment and wage growth is improving steadily, but private consumption and housing investment have remained resilient.

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