RTRS: BOJ Announces No New Monetary Easing Steps

  • Keeps overnight call rate target unchanged at 0.0-0.1% by unanimous vote .
  • Says Japan’s economy is starting to pick up moderately , keeps assessment unchanged.
  • Japan economy expected to resume moderate recovery.
  • BOJ cuts assessment on exports and imports.
  • Says uncertainty over overseas economies remains high.
  • Says pickup in exports moderating .
  • BOJ says output has been relatively weak.
  • BOJ says overseas economies showing moderate improvement but limited scope, yet to emerge from slowdown.

Usd/Jpy trading near session lows of 78.35.

investingLive Premium
Telegram Community
Gain Access