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BoJ leaves unchanged forward guidance on rates and economic assessment

Reuters reports additional insights on the Bank of Japan’s (BoJ) monetary policy decision, with the key points found below.

Leaves unchanged forward guidance on rates

Will keep current extremely low rates for an extended period of time

Board members Harada and Kataoka dissent board member.

Harada said allowing yields to move up, down to some extent was too ambiguous as a guideline.

BoJ says Japan's economy expanding moderately, keeps assessment unchanged.

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Dhwani Mehta

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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