Globitair

Economic data

BOJ Inflation Target Signal Supports Yen Gains, Strategists Say

Bloomberg MarketsJapan

The yen broadly held its gains after the Bank of Japan left its benchmark rate unchanged in an 8-1 vote, while signaling underlying inflation had reached its 2% target and opening the door to a December hike. The BOJ also accelerated the pace of ETF sales to about ¥860 billion ($5.5 billion) a year.

Read the full story at Bloomberg MarketsOpen in the live monitor

On the map

Related discussion groups

No group discusses this yet. Start a discussion group and attach this story.

More news about Japan

More on Economic data