TOKYO: The Bank of Japan (BoJ) held off announcing any fresh measures to stimulate the economy, saying its monetary easing blitz was winning the war on deflation.
The unanimous decision was widely expected, with analysts predicting the BoJ would launch an expansion of its asset-buying plan later this year to counter the effects of an April sales tax hike.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
