Japan Banks Welcome BOJ Inaction, Warn Against Future Rate Cuts
The Bank of Japan (BOJ) headquarters stand in Tokyo, Japan. (Photographer: Akio Kon/Bloomberg)

Japan Banks Welcome BOJ Inaction, Warn Against Future Rate Cuts

(Bloomberg) -- The head of Japan’s main bank lobby group welcomed the central bank’s decision to keep interest rates unchanged on Thursday, while warning that any future cuts may be ineffective.
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