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Bank of Japan signals prolonged easing, cuts price outlook as new COVID pain hits SECTIONS Last Updated: Apr 27, 2021, 11:50 AM IST Share Synopsis As widely expected, the BOJ maintained its short-term interest rate target at -0.1% and that for 10-year bond yields around 0%. Reuters Related TOKYO: Japan s central bank maintained its massive stimulus on Tuesday and projected inflation missing its 2% target for years to come, as fresh curbs to combat a spike in COVID-19 cases overshadow the boost to growth from solid global demand. The Bank of Japan also warned of high uncertainty on how much the pandemic could drag on growth, signalling its readiness to keep its money spigot wide open for the foreseeable future.

Takashi miwaHaruhiko kurodaGovernor haruhiko kurodaJapan economyJapan covid casesJapan covidBank of japanCorona virusதகாஷி மிவாஜப்பான் பொருளாதாரம்வங்கி ஆஃப் ஜப்பான்கொரோனா வைரஸ்