TOKYO -- The Bank of Japan maintained its ultraloose monetary policy, as it continues to buck the global tightening trend, following the U.S. Federal Reserve's sharp interest rate increase overnight.
Economy
BOJ keeps ultraloose policy after Fed rate hike
Japan's central bank set to be world's only central bank with negative rate
The Bank of Japan has kept its ultraloose monetary policy in place, believing it necessary to maintain the inflationary momentum seen in recent months. (Photo by Rie Ishii)
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