: The Bank of Japan, the country's central bank, said on Friday it had decided to keep an interest rate at the negative level of -0.1 per cent amid slowing inflation, reported Sputnik.
In addition, the regulator is planning to purchase the necessary number of government bonds and continue targeting the yield of 10-year government bonds at about 0 per cent. At the same time, the Japanese central bank set the range of fluctuations in the yield of 10-year government bonds at plus and minus 0.5 percentage points from the target level, saying that these limits were a guideline, not a strict framework.
Meanwhile, the inflation rate in Japan decreased to 3.2 per cent in August from 3.3 per cent in July, the Trading Economics agency reported on Friday, adding that the consumer prices increase in August had been less than in July .