Bank of Japan October 31 Statement - full text

Full text:

• Statement on Monetary Policy

Also, this added to it:

• (Reference) Further Increasing the Flexibility in the Conduct of Yield Curve Control (YCC)

As I said earlier:

• The last time the Bank of Japan allowed an expanded range for the 10 year JGB yield tolerance band the Bank explained this was to make ultra-easy policy more sustainable. Today the BOJ set the 1% cap more firmly in place, cementing that reasoning, it looks like loose policy is set in place for still some time to come.