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BOJ keeps economic assessment unchanged

Following the BOJ’s unchanged monetary policy stance, the release of the central bank’s monetary policy statement highlights (via Reuters):

BOJ says Japan’s economy expanding moderately, keeps assessment unchanged

BOJ raises assessment on public investment

Board member Kataoka said chance of inflation hitting 2 pct next year and onwards was low

CPI moving around 0.5 pct

Public investment has been increasing

BOJ's decision on yield curve control made by 8-1 vote

Kataoka opposed decision on yield curve control - saying yield curve control not enough to meet inflation target around fiscal 2019

BOJ decision on asset buying made by unanimous vote

Japan BoJ Interest Rate Decision in line with forecasts (-0.1%)

Japan BoJ Interest Rate Decision in line with forecasts (-0.1%)
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USD/JPY remains bid as BOJ maintains the status quo

USD/JPY remains bid around 112.45 after the Bank of Japan maintained the short-term interest rate target at -0.1 percent and retained the 10-year yiel
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