No Change from the BOJ
As expected we got no change from the BOJ with the short-term interest rate target maintained at -0.1 pct.
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Last updated: Thursday, April 25, 2019
As expected we got no change from the BOJ with the short-term interest rate target maintained at -0.1 pct.
The USD/JPY has barely moved today but is lower on the session.
Price did sell-off a bit, but it hasn’t been anything significant. Much like the announcement really.
It does look like interest rates will be staying low for a significant period of time in Japan.
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