Ja­pan leaves mone­tary pol­icy un­changed

China Daily (USA) - - BUSINESS -

Ja­pan’s cen­tral bank on Tues­day de­cided to main­tain its cur­rent mone­tary poli­cies, while fur­ther pro­long­ing the time frame for achiev­ing its in­fla­tion goal. The sched­ule of achiev­ing its in­fla­tion tar­get of 2 per­cent will be ex­tended to some­time in or af­ter fis­cal 2018 (April 1, 2018-Mar 31, 2019) from some­time in fis­cal 2017, the Bank of Ja­pan de­cided at its two-day pol­icy meet­ing.

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