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At the Monetary Policy Meeting (MPM) held today, the Policy Board of the Bank of Japan decided, by a unanimous vote, to set the following guideline for the money market operations for the intermeeting period: The Bank will encourage the uncollateralized overnight rate call to remain at around 0 to 0.1 percent. Regarding purchase of Japanese government ...
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It's time to start the clock on the Bank of Japan decision. There is no set time for the BOJ but we are expecting today's decision in the 0230-0330 GMT range, so the watch will start in about 35 minutes. The previous BOJ decision was announced at 0334 GMT, which is at the late end of the range. The decision was a historic one as it was the first hike in 17 ...