BoJ leaves monetary policy unchanged

Dhwani Mehta FXStreet

At its monetary policy meeting today, the Bank of Japan (BoJ) made no changes to its monetary policy settings, holding rates at -10bps while maintaining 10yr JGB yield target at 0.00%.

The BoJ vote was 7 to 2, leaving its pledge to buy JGBs unchanged so that its holdings increase at an annual pace of around 80 trln yen.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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