There had been some rumours that there will be proposal a proposal to extend the loans to 2 years, something that was not accepted, leading to a strong selling in both the Nikkei and USD/JPY.
Additionally, the central bank kept the plan for 60 to 70T yen annual rise in monetary base, with no new update on the ETF, JREIT purchases. On the economy, Kuroda&Cia stated it is recovering, while some indicators suggest rise in inflation expectations.
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