Bank of Japan keeps interest rate unchanged - Breaking The News

Bank of Japan keeps interest rate unchanged

17 June

1 min read

EPA-EFE/KIMIMASA MAYAMA

The Bank of Japan (BoJ) kept its benchmark interest rate unchanged at 0.5% on Tuesday, as widely expected, while also cutting the amount of its Japanese Government Bonds (JGBs) purchases.

The BoJ decided in an 8-1 vote to slash the amount of its monthly JGB purchases by ¥200 billion each quarter "so that it will be about ¥2 trillion in January-March 2027."

The central bank said it will conduct an interim assessment of the plan to cut JGB purchases at its June 2026 monetary policy meeting.

monetary policy interest rate boj

Putin: Russia ready to respond to any threats

16 hours ago

Russian President Vladimir Putin assured on Monday that Moscow is ready to respond to any existing or emerging threats."This response will not be just verbal, but through the use of military-technical measures," Putin said during a Security Council meeting, adding that Russia can rely on "the effectiveness of its deterrent forces."Furthermore, the Russian leader emphasized that Moscow prefers to resolve any issue through diplomacy rather than through military...

Putin: US-Russia arms control system has been destroyed

16 hours ago

Russian President Vladimir Putin told the Security Council on Monday that the arms control system between Russia and the United States has been destroyed, stressing that Moscow has "consistently emphasized the danger" of its dismantling. He warned that the situation in the sphere of strategic stability continues to deteriorate and pointed to the West's attempts to gain "absolutely overwhelming superiority" in the area.Putin said it would be a "mistake" to...

Russia denies violating Estonian airspace

17 hours ago

Kremlin spokesperson Dmitry Peskov said on Monday that allegations of Russia violating other countries' airspace are "empty" and "baseless".Peskov told reporters the accusations are part of a broader effort to escalate tensions and create a confrontational atmosphere.The remarks come after Estonia and Ukraine accused Russian fighter jets of entering Estonian airspace over the Gulf of Finland last week, prompting NATO to dispatch Italian fighters to escort...

140 drones launched from Russia into Ukraine overnight

20 hours ago

Ukrainian President Volodymyr Zelensky said on Monday that Russia carried out another large-scale drone attack on Ukraine overnight. According to Ukrainian information, over 140 drones were launched into Donetsk, Dnipro, Sumy, Kiev, Kharkiv, and Kherson regions. Zelensky added that Russia struck Zaporizhzhia with guided aerial bombs, targeting homes and civilian infrastructure. At least three people have been killed, while fifteen apartment buildings...

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.