BOJ to Review Past Monetary Policy and Maintain Easing
TL;DR Summary
The Bank of Japan (BOJ) will reportedly conduct an examination of past monetary policy, but will not revise its Yield Curve Control (YCC) policy at its meeting today. The BOJ will discuss a possible revision of forward guidance and changing its expression regarding the possibility of further policy easing. Japan is set to lift COVID-19 related border control measures from midnight on April 29. The speculation is expected to be a tailwind for USD/JPY at the margin.
- Japan media report that the BOJ will conduct an examination of past monetary policy ForexLive
- Bank of Japan sticks to negative rates while announcing policy review CNBC
- Bank of Japan Set to Announce Policy Under New Governor Ueda Bloomberg Television
- BOJ Maintains Easing, Will Review Monetary Policy MarketWatch
- Global Bond Yields Fall After BOJ Stands Pat on Rates The Wall Street Journal
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