FX & CFD trading involves significant risk
The Bank of Japan (BoJ) released its interest rate decision on Tuesday. The BoJ kept its monetary policy unchanged (interest rate: 0.00-0.10%, monetary base target: 275 trillion yen). The central bank will expand its monetary base at an annual pace of 80 trillion yen. This decision was expected by analysts.
The BoJ board members voted 8-1 to keep monetary policy unchanged.
The BoJ noted that the country's economy continued to recover moderately.
The central bank said that the annual inflation in Japan was flat, but inflation expectations seems to be rising.
The BoJ pointed out that exports and production were "affected by the slowdown in emerging economies".
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.