No Change to Monetary Policy for the BOJ
As expected the BOJ hasn't made any changes to their current monetary policy.
Rowan Crosby•Wednesday, January 23, 2019•1 min read
As expected the BOJ hasn’t made any changes to their current monetary policy.
The main takeaway that I noticed was the fact that they continue to revise their CPI target lower, which isn’t a sign of strength.
The USD/JPY is pushing higher, currently up 0.33%.
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Rowan Crosby
Asia-Pacific Analyst
Rowan Crosby is a professional futures trader from Sydney, Australia. Rowan has extensive experience trading commodities, bonds and equity futures in the Asian, European and US markets. Rowan holds a Bachelor of Finance and Economics degree and is focused heavily on Investment Finance and Quantitative Analysis.
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