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Japan Interest Rate

Discussion in 'Market News' started by Lily, Oct 10, 2015.

  1. Lily

    Lily Forum Member

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    The Bank of Japan kept its pledge to increase the monetary base at an annual pace of about 80 trillion yen at its October 2015 meeting. Policymakers said the economy has continued to recover moderately though exports and production have been affected by slowdown in emerging economies. Interest Rate in Japan averaged 3.02 percent from 1972 until 2015, reaching an all time high of 9 percent in December of 1973 and a record low of 0 percent in February of 1999. Interest Rate in Japan is reported by the Bank of Japan. In Japan, interest rates are set by the Bank of Japan's Policy Board in its Monetary Policy Meetings. The BoJ's official interest rate is the discount rate. Monetary Policy Meetings produce a guideline for money market operations in inter-meeting periods and this guideline is written in terms of a target for the uncollateralized overnight call rate. This page provides - Japan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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