BoJ keeps monetary policy steady

FXStreet (Bali) - BoJ kept its monetary policy steady, pledging to increase monetary base at annual pace of 80 trln yen, noting that the economy continues to recover moderately as a trend.

Key headlines

BOJ policy decision was made by 8-1 vote

BOJ board member kiuchi votes against keeping policy steady

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