[Breaking News] Bank of Japan stands pat on rates, easing program

greenback

HONG KONG (MarketWatch) - The Bank of Japan on Tuesday said it decided to keep its overnight call rate target unchanged in the 0.0% to 0.1% range, while also maintaining the size of its asset-purchase program unchanged, with the motions carried in a unanimous vote. The Japanese central bank reiterated its commitment to overcoming deflation as early as possible, noting CPI inflation currently remains around zero. It said it plans to maintain its ultra-low interest rate policy while "steadily increasing the size of its Asset Purchase Program." Tokyo's Nikkei Average JP:100000018 +0.18% rose 0.3% in the wake of the central bank's policy announcement, up from a marginal advance of 0.1% ahead of the decision.

greenback

It will be interesting to note how NIKKAI would respond to it.

Cobra

greenback 发表于 2012-11-19 10:51 PM
It will be interesting to note how NIKKAI would respond to it.

未来小跌。这个地方整个双顶，就不好玩了。

greenback

Cobra 发表于 2012-11-20 12:04 AM
未来小跌。这个地方整个双顶，就不好玩了。

JPY is quite stable ... guess traders are still hoping a new mandate when the new government is sworn in.