Decision of the Bank of Japan on the Interest Rate. Japan, 05:00 (GMT+2)

Decision of the Bank of Japan on the Interest Rate. Japan, 05:00 (GMT+2)

Today, the two-day meeting of the Bank of Japan will end and the decision on the interest rate will be announced. Most likely, the regulator will keep it at -0.10%. Simultaneously with the decision on the rate, reports will be published on monetary policy and on the prospects of the Japanese economy. Investors will be specifically focused on the views of officials on the further actions of the regulator. Now there is no consensus at the Bank of Japan. Most of the officials, including the head of the regulator, Haruhiko Kuroda, believe that the Japanese economy continues to grow moderately, and therefore the current monetary course should be kept unchanged. However, there are those who consider new mitigation measures possible due to a slowdown in global demand and a potential impact on national consumption after the planned increase in sales tax in October.

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