Free Trial
MNI EXCLUSIVE

MNI Piece on Fed's QT Plans

MNI EXCLUSIVE

A Look At Fed Reverse Repo Takeup

OIL

New OPEC+ Production Caps

FED

Effective Fed Funds Rate

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI BRIEF: BOJ On Hold And Keeps Policy Forward Guidance

(MNI) Tokyo
TOKYO (MNI)

The decision was expected.

The Bank of Japan board Thursday decided to stand pat on monetary policy as the economy largely continued moving in line with the baseline scenario despite lingering uncertainties and downside risks.

The BOJ also left the forward guidance for the policy rates, indicating the policymakers are vigilant against the near-term downside risk to economy and saw the need to keep easing bias regarding the outlook for monetary policy, (See: MNI STATE OF PLAY:BOJ To Stand Pat On Policy, Forward Guidance).

Keep reading...Show less
155 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

The Bank of Japan board Thursday decided to stand pat on monetary policy as the economy largely continued moving in line with the baseline scenario despite lingering uncertainties and downside risks.

The BOJ also left the forward guidance for the policy rates, indicating the policymakers are vigilant against the near-term downside risk to economy and saw the need to keep easing bias regarding the outlook for monetary policy, (See: MNI STATE OF PLAY:BOJ To Stand Pat On Policy, Forward Guidance).

Keep reading...Show less