I posted the main points here:
In very brief:
- kept interest rates steady, short-term policy rate unchanged at 0.5% by a unanimous vote
- cut its growth forecasts
- cited the damage to global demand from higher U.S. tariffs impacting Japan’s nascent economic recovery
BOJ Governor Ueda press conference is at 0630 GMT
USD/JPY update:
This article was written by Eamonn Sheridan at www.forexlive.com.I posted the main points here:Bank of Japan leaves policy unchanged, as widely expectedIn very brief:kept interest rates steady, short-term policy rate unchanged at 0.5% by a unanimous votecut its growth forecastscited the damage to global demand from higher U.S. tariffs impacting Japan’s nascent economic recoveryBOJ Governor Ueda press conference is at 0630 GMTUSD/JPY update:
This article was written by Eamonn Sheridan at www.forexlive.com. Read MoreCentral Banks
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