*BREAKING*: BOJ eases policy further, boosts purchases of corporate bond, commercial paper, USD/JPY unfazed
At its shortened one-day virtual monetary policy meeting, the Bank of Japan (BOJ) board members decided to keep rates unchanged at -10bps while maintaining 10yr JGB yield target at 0.00%.
The central bank increased the annual pace of ETF purchases to ¥12 trillion (previously ¥6 trillion) and introduced a new lending programme to smooth funding for firms at its March 16 emergency meeting.
(KEDAITRADER.COM)
Impact : Strong
Sentiment : Good fo JPY (melemahkan Yen)
Ghinie
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