he Bank of Japan maintained its massive monetary stimulus in an 8-1 vote Thursday, holding off on additional easing for now on hopes that rising wages will spur spending and push inflation toward its ambitious 2% target.Markets are now focusing on the central bank's semi-annual report for signs of how confident it is about Japan's economic recovery and prospects of hitting its inflation goal.Update: Inflation is now expected to hit the 2% target around the half year from April to September 2016, instead of the current fiscal year, which began this month.
ressitance 134.50 / 136.65 support : 131 / 126.15
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.