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BOJ holds policy, sticks to modest economic growth view despite trade perils

Updated : September 19, 2018 08:52 AM IST

The central bank's nine-member board also likely scrutinised bond market moves since its decision in July to allow yields to move more flexibly around its zero percent target.
Investors are focusing on BOJ Governor Haruhiko Kuroda's post-meeting briefing for clues on the debate over market moves, as well as any warnings he may issue on the damage the intensifying trade war between the United States and China could inflict on Japan's export-reliant economy.
As widely expected, the BOJ maintained its short-term interest rate target at minus 0.1 percent and that for long-term rates around zero percent by a 7-2 vote.
BOJ holds policy, sticks to modest economic growth view despite trade perils

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