The Bank of Japan held its short-term policy rate at 0.5%, details here.
In summary, the Bank of Japan held its short-term rate at 0.5% by a 7–2 vote
- with Takata and Tamura dissenting in favour of a hike
- Inflation forecasts were steady, growth modest,
- and the BOJ signalled patience amid trade and global uncertainty.
Much more at that linked post.
USD/JPY popped higher.
The Nikkei stock index extended its gains higher
This article was written by Eamonn Sheridan at investinglive.com.
Source_link