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Added on the 30/10/2015 11:12:02 - Copyright : Reuters EN
The Bank of Japan decided on Wednesday to continue its mammoth asset-buying program, having little hope of achieving its original goals. Ryan Brooks reports.
The Bank of England holds its interest rate at a 16-year high, insisting it was not yet the right time to cut with inflation staying high despite a fall to just above three percent. "That's encouraging. But we are not yet at a point where we can cut bank rates," he tells a press conference. IMAGES
European Central Bank President Christine Lagarde says the institution will freeze borrowing costs again on Thursday but warns that inflation could pick up again in the near term, in an apparent pushback against market hopes of early rate cuts in 2024. It is the second time in a row the central bank has held rates, following a run of historic hikes to tame runaway price rises. SOUNDBITE
Tokyo, Sep 30 (EFE/EPA).- Bank of Japan Governor Haruhiko Kuroda said Thursday that the entity would maintain its ultra-flexible monetary policy regardless of economic measures the imminent Japanese Prime Minister Fumio Kishida decides to implement. (Camera: ARCHIVE).ARCHIVE FOOTAGE OF TOKYO, JAPAN.
Tokyo, Apr 27 (EFE).- Japan's central bank decided on Monday to ease its monetary policy by expanding its government and corporate bond purchase programs to soften the economic impact from the coronavirus pandemic.The Bank of Japan (BoJ) said in a statement that it was necessary to "further enhance monetary easing" since the third-largest economy of the world has been in an “increasingly severe situation due to the impact of the spread of the novel coronavirus".(Camera: FRANCK ROBICHON)FOOTAGE SHOWS B-ROLL OF STOCK EXCHANGE MONITORS IN TOKYO, JAPAN.