Bank of Japan
Noun
Meaning
the central bank of Japan
Source: WordNetHypernyms
Examples
Central bank related news will dominate, with the Bank of Japan, Bank of England and US Federal Reserve meeting, and the RBA releasing the minutes from its meeting a fortnight ago.
The Bank of Japan and the government tried to eliminate it by reducing interest rates and ' quantitative easing ', but did not create a sustained increase in broad money and deflation persisted.
At the same time, a sustained rise in the Japanese currency could leave it near levels that could prompt the Bank of Japan to curb its strength, some analysts believe.
Bank of Japan to hold monthly policy meeting.
The Bank of Japan cut its growth forecast for the current year while keeping its key interest rates unchanged Thursday.
The Bank of Japan has also announced 25 trillion yen ($234 billion) financing for private debt.