Investors await the Bank of Japan's policy verdict, with the BOJ expected to stand pat on interest rates at 0.5% in the face of an uncertain trade climate.
The BOJ should proceed with monetary tightening, to normalize the yen's weakness and rebalance bilateral trade, the U.S. Treasury Department said on Thursday.
Japan's inflation grew 3.6% year on year in March, marking three straight years that the headline inflation figure is above the Bank of Japan's 2% target.
Japan's inflation grew 3.6% year on year in March, marking three straight years that the headline inflation figure is above the Bank of Japan's 2% target.
Japan's inflation grew 3.6% year on year in March, marking three straight years that the headline inflation figure is above the Bank of Japan's 2% target.
The BOJ's decision comes ahead of the Federal Reserve's policy meeting, where the U.S. central bank is expected to keep its benchmark interest rate steady.
The BOJ's decision comes ahead of the Federal Reserve's policy meeting, where the U.S. central bank is expected to keep its benchmark interest rate steady.
The BOJ's decision comes ahead of the Federal Reserve's policy meeting, where the U.S. central bank is expected to keep its benchmark interest rate steady.