Bank of Japan: No cut with rates still below zero but share-buying expanded

September 21, 2016 5:43 AM

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The Bank of Japan has not pushed down its already negative interest rate stance further, but has expanded its share-buying and tweaked bonding programs to boost long-term interest rates.

In the key decision the BoJ maintained its negative interest rate of -0.1 per cent on most deposits held at the bank.

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