World Insights: Why Japan's central bank sticks to ultralow rate policy
TOKYO, Sept. 23 (Xinhua) -- Japan's central bank has reaffirmed its commitment to its current ultra-loose monetary policy, in sharp contrast to recent interest rate hikes announced by central banks of some developed economies.
The U.S. Federal Reserve on Wednesday raised interest rates by 75 basis points, the fifth time this year, while Switzerland has emerged from negative interest rates by raising interest rat