Yen falls after Bank of Japan stands pat on ultra-easy policy

The Bank of Japan has decided to maintain its ultra-easy monetary policy, defying market expectations that rising inflation could force the central bank to tweak its key yield curve control policy and allow interest rates to rise further.

​The Bank of Japan has decided to maintain its ultra-easy monetary policy, defying market expectations that rising inflation could force the central bank to tweak its key yield curve control policy and allow interest rates to rise further.