IntegrityFX's Commentaries
Mar
17
2010
Reuters: BOJ split vote raises doubts about future easing
by IntegrityFX
Overall Rating:
Yesterday the Bank of Japan left rates unchanged at 0.1 percent as expected. A split vote is bringing some uncertainty into future decisions however. The government has prodded the BOJ for weeks to ease policy, a tactic analysts say is aimed at preventing a rise in the yen from derailing an export-driven recovery and deepening deflation.
The BOJ doubled to 20 trillion yen ($221 billion) the funds available to banks for three-month loans at the policy rate [...]
Tags: joshua-habben
