Bank of Japan governor Haruhiko Kuroda defended the decision to cut the inflation forecast in the wake of a recent oil price plunge that has weighed down consumer prices. Photo: Xinhua

Bank of Japan cuts inflation forecast, holds off on policy change

Yen rebounds while stocks fall as central bank refrains from expanding stimulus programme

TOP PICKS

Bank of Japan governor Haruhiko Kuroda defended the decision to cut the inflation forecast in the wake of a recent oil price plunge that has weighed down consumer prices. Photo: Xinhua
READ FULL ARTICLE