The BOJ has stayed on hold as probability of baseline outlook has decreased Underlying price trend is still below target Prefers utilising more time in evaluating Middle East situation and how it will impact economy, prices Takes seriously the fact that there were three board…
The BOJ has stayed on hold as probability of baseline outlook has decreased Underlying price trend is still below target Prefers utilising more time in evaluating Middle East situation and how it will impact economy, prices Takes seriously the fact that there were three board members who dissented on the decision today The other six members were mindful of upward risks to inflation However, not seeing any immediate urgency to raise interest rates for now More to come.. This article was written by Justin Low at investinglive.com.