Bank Of Japan Keeps Policy Unchanged

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The Bank of Japan’s monetary policy statement is out.And as expected, nothing has changed.

The BOJ is keeping interest rates unchanged.

Also, it’s keeping its asset-purchase fund at ¥76 trillion.

“Japan’s economy has stopped weakening,” they wrote.

Experts don’t expect much action until the uber-dovish Haruhiko Kuroda takes the helm at the Bank.

Meanwhile, Japan’s stock market is still up with the Nikkei north of 12,000.

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