ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Economy

Bank of Japan eases at slowest pace in Kuroda era

Last year saw smallest gain in monetary base since 2013

The Bank of Japan raised the nation's monetary base to around $4.66 trillion through 2018. (Photo by Akira Kodaka)

TOKYO -- The Bank of Japan reduced the growth rate in the monetary base last year to the lowest level since undertaking an ultraloose policy in 2013.

The monetary base totaled 504 trillion yen ($4.66 trillion at current rates) at the end of December, up 24 trillion yen from a year earlier for the weakest 12-month gain since Gov. Haruhiko Kuroda enacted the quantitative and qualitative easing programs.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more