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What to Expect from BOJ Interest Rate Decision
Tonight the BOJ meets for the first policy decision gathering of any of the major central banks. Japan typically doesn’t provide a fixed time for when the results will be released, it’s just whenever the meeting ends. Nonetheless, this should not concern the markets since no analyst anywhere is expecting the BOJ to modify its policy. It’s the two things that accompany the policy decision that could have an impact on the markets. Firstly, BOJ Governor Kuroda’s interminable press conference after the meeting, and secondly, the BOJ’s quarter outlook could rattle the markets. It’s been a long-standing story ... (full story)