Jun 4, 2024
Japanese Monetary Base expands far less than expected in May, growing 0.9% versus 2.2% forecasts
Japan's Monetary Base, or the amount of currency being supplied by the Bank of Japan (BoJ) as measured by combining all notes and coins in circulation in addition to current account balances, eased to 0.9% for the year ended in May as Japanese markets struggle to find uses for additional cash supplied by the BoJ.
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