• Keeps monetary policy steady by unanimous vote
  • Keep increasing monetary base rate at 60-70 trln yen
  • keeps economic assessment unchanged
  • Says economy continues to recover moderately
  • Voted 8 – 1 against Kuichi proposal to make 2% inflation goal a medium- to long-term goal
  • BOJ cuts their view on exports, saying they have recently leveled off
  • Says pick up in capital spending has become increasingly evident
  • Says industrial output has been increasing at a somewhat accelerated pace

Full: Statement on Monetary Policy [PDF 180KB]

Next up from the BOJ is Kuroda’s press conference due at 0630GMT