BoJ cuts view on housing investment

Following are the key highlights from the BoJ’s monetary policy statement:

Japan's economy expanding moderately, keeps assessment unchanged.

Cuts view on housing investment.

Housing investment moving on a weak note.

BoJ’s Kataoka: Currently chance of inflation rising toward 2% is low

The BoJ board member and the only dissenter Kataoka is reported as saying that the central bank needs to buy JGBs so yield for the duration of 10 year
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USD/JPY sees little action after BOJ maintained status quo

The Bank of Japan (BOJ) kept the interest unchanged as expected and upgraded the assessment of overseas economies, but the USD/JPY is not impressed.
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