What is monetary policy?

Monetary policy refers to the actions taken by a central bank to manage the money supply and interest rates to achieve macroeconomic objectives such as controlling inflation, consumption, growth, and liquidity.

What are interest rates?

Interest rates are the cost of borrowing money or the return on savings, expressed as a percentage of the principal amount. They influence economic activity by affecting consumer spending and investment.

What is a central bank?

A central bank is a national financial institution that oversees the monetary system for a country or group of countries. It manages currency, money supply, and interest rates, and often regulates the banking sector.

What is economic growth?

Economic growth is an increase in the production of goods and services in an economy over a period of time, typically measured by the rise in Gross Domestic Product (GDP).

What is financial stability?

Financial stability refers to a condition in which the financial system operates effectively, allowing for the smooth functioning of financial markets, institutions, and the economy, minimizing the risk of financial crises.

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Finance

BOJ Keeps Interest Rates Steady, Sticks to Upbeat Economic View

Published by Uma Rajagopal

Posted on September 20, 2024

1 min read

Last updated: January 29, 2026

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Bank of Japan headquarters with interest rates announcement - Global Banking & Finance Review — The image showcases the Bank of Japan headquarters, reflecting the central bank's decision to keep interest rates steady at 0.25%. This aligns with their positive economic outlook amidst ongoing recovery efforts.

BOJ Keeps Interest Rates Steady, Sticks to Upbeat Economic View

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