Reply To: Deja Vu as Dollar Yen Soars After Bank of Japan Keeps Monetary Policy Steady, No Change to JGB Yield Band

10 May '23 at 7:42 am #58293
MoneyNeverSleeps
Participant

Bank of Japan Governor Ueda repeated that ETF purchases are part of large-scale easing and that there are no current problems with these purchases.

Japan’s March Leading Index was down 0.7% m/m (last 1.4%) and Coincident Indicator was unchanged m/m (last 2.5%)