No Change from the BOJ
Rowan Crosby • 1 min read
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.