Business
Bank of Japan may be weakened in Yen
Japan has always been a special country. Its reaction to global inflation waves are no different.
As central banks throughout the Western world tightened monetary policythe Bank of Japan stood alone, insisting that its particularly loose policy settings would remain. In June, BOJ Gov. Haruhiko Kuroda reiterated that his yield-curve control policy, which capped the yield on 10-year Japanese government bonds at 0.25%, will remain in place.