The Traderszone Network

Published in TZ Latest News 19 July, 2017 by The TZ Newswire Staff

Bank Of Japan Leaves Policy Unchanged As Expected – Admits Defeat On Deflation

Japan’s long and sordid dance with unconventional monetary policy continues. With most analysts expecting a ‘nothingburger’ from Kuroda (though some hinting at the potential for shock-and-awe), The BOJ delivered… nothing – no change. However, most critically, the BOJ admitted defeat of deflation and delayed the timing of reaching their 2% inflation goal to around FY2019.

No change to policy:

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