Bank of Japan upholds policies as economy slowly revives


Bank of Japan headquarters in Tokyo. - Bloomberg

TOKYO (AFP): Japan's central bank on Thursday (Sept 17) said it would maintain its ultra-loose monetary policy as the virus-hit economy gradually picks up, with no big changes announced the day after new Prime Minister Yoshihide Suga took office.

Suga has pledged to continue the policies of former leader Shinzo Abe, whose signature "Abenomics" programme included vast government spending, massive monetary easing and the cutting of red tape.

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Japan , bank , economy

   

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