The Bank of Japan held back from offering any further economic stimulus, despite weak inflation and poor global growth.
ADVERTISEMENTThe Bank of Japan held back from offering any further economic stimulus, despite weak inflation and poor global growth.
The decision sent the yen to a two-year-high.
Here's your guide to today's Bank of Japan decision on stimulus https://t.co/lTAhRCVIEipic.twitter.com/P0KcWHIJrm
— Bloomberg (@business) 15 juin 2016
The Bank of Japan said it was in close contact with other central banks and the Bank of England to prepare contingency plans to calm the financial markets if Britain votes to leave the EU.
Japanese policymakers
fear a Brexit will push up the yen further as investors search for safe havens putting pressure on Japanese exports.
