Bank of Japan meets on 17–18 September after holding at 1% in July
The BoJ kept its policy rate at 1.00% in July with one member voting for a hike. Since then, Tokyo and Washington have confirmed a joint intervention to support the yen.
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The BoJ kept its policy rate at 1.00% in July with one member voting for a hike. Since then, Tokyo and Washington have confirmed a joint intervention to support the yen.
Japan's Ministry of Finance bought yen on 31 July in coordination with the US Treasury, Finance Minister Katayama Satsuki said on 3 August, adding that Japan stands ready to act again.