TOKYO, 14th June, 2024 (WAM) -- The Bank of Japan (BOJ) on Friday decided to reduce its government bond buying, in a further step toward policy normalisation after years of massive monetary stimulus to achieve stable inflation, reported Kyodo News.
At the end of a two-day policy meeting, the BOJ made no change to its policy rate, as widely expected, guiding it in a range of zero and 0.1 percent.