BOJ announces no changes in monetary policy

FXStreet (Bali) - As widely expected, the BOJ announced no changes in monetary policy. The market is now expecting Governor Kuroda 06.30GMT press conference.

Key headlines - via Reuters

BOJ keeps monetary policy steady, pledges to increase monetary base at annual pace of 80 trln yen

BOJ policy decision was made by 8-1 vote

BOJ board member kiuchi votes against policy decision

BOJ board member kiuchi proposed tapering annual jgb purchases to 45 trln yen, which was turned down by majority vote

Kiuchi proposed keeping asset buying, zero rates for as long as needed under flexible price target, which was turned down by 8-1 vote

BOJ says japan's economy continues to recover moderately, keeps assessment unchanged

Consumer inflation likely to hover around zero pct for time being due to energy price falls

Japan BoJ Interest Rate Decision unchanged at 0.1%

Japan BoJ Interest Rate Decision unchanged at 0.1%
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USD/JPY muted near 124.80 on BOJ status-quo

The US dollar remains little changed and trades modestly flat versus the Japanese currency in the mid-Asian session, with USD/JPY stuck in the upper band of 124 handle. The major showed no reaction to the latest Bank of Japan (BOJ) monetary policy decision which showed that the central stood pat on its monetary policy settings on yet another occasion.
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