Bank of Japan trims growth and price outlook, keeps policy steady

By Leika Kihara TOKYO (Reuters) - The Bank of Japan on Thursday trimmed its economic and price forecasts for the current fiscal year, heightening expectations it will maintain its massive stimulus for the time being to cushion the blow from COVID-19. As widely expected, the central bank kept monetary policy steady, including a -0.

1% target for short-term interest rates and a pledge to guide long-term rates around 0%. The BOJ also made no changes to a package of steps aimed at easing corporate funding strains, which have become.

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