Bank of Japan seen on hold as Fed cuts rates: Reuters Business News - MSN Money
Bank of Japan seen on hold as Fed cuts rates: Reuters Business News - MSN Money
Although the Japanese central bank has been aching to boost Japanese interest rates from current low levels investors think it will have to let things lie for now in light of growing economic risks at home and around the globe. Instead the focus is on Governor Toshihiko Fukui’s comments and whether a lone dissenter on the policy board has changed his mind after backing rate hikes at recent rate reviews.