Central Bank of Japan

The Bank of Japan (BOJ) is Japan's central bank, which manages the country's monetary policy. Its main roles include issuing currency, controlling inflation, and ensuring financial stability. The BOJ sets interest rates to influence economic activity; lowering rates can encourage borrowing and spending, while raising them can help curb inflation. It also regulates the banking system and can intervene in foreign exchange markets to stabilize the yen. The BOJ plays a crucial role in Japan’s economy, especially during periods of economic challenge, by implementing measures to support growth and maintain price stability.