• BOJ keeps monetary policy unchanged – to increase monetary base at 60-70tln yen p.a.
  • Unanimous vote
  • No change to the QE program, no extra purchases of ETFs or J-REITS
  • overnight rate remains at 0.1%

Now waiting for their updated “Outlook for Economic Activity and Prices” (preview here) , expected at 0600GMT, with Kuroda’s press conference following at 0630GMT