- The Bank of Japan refrained from expanding monetary stimulus and maintained its upbeat assessment of the economy today, signaling a belief that inflation will hit its 2% target without additional support.
- As widely expected, the central bank will keep increasing its monetary base at an annual pace of ¥80T through purchases of government bonds and risky assets.
- The policy board made the decision by an 8-1 vote.
- Nikkei +0.3% to 20,724.56.
- ETFs: DXJ, EWJ, FXY, YCS, DFJ, DBJP, NKY, JYN, JOF, EZJ, JEQ, JPNL, DXJS, EWV, YCL, SCJ, HEWJ, JSC, ITF, JPP, QJPN, FJP, JPMV, DXJT, DXJC, DXJR, JHDG, DXJH, DXJF, HGJP, JDG, JPN
BOJ leaves monetary policy unchanged
This was corrected on 08/19/2021 at 8:50 AM. original item contained an incorrect index figure