Bank of Japan: No change in policy

FXstreet.com (Barcelona) - The Bank of Japan concludes policy meeting concluded with no change in monetary policy in an unanimous vote to hold policy steady.

The Economic assessment was also kept unchanged, outlining that the economy is recovering moderately. One BoJ member - Mr. Kuichi - proposed making 2% inflation target a medium- to long-term goal but voted down 8 – 1.

BOJ also said that business sentiment continues to improve and that Capex is picking up. BoJ Governor Kuroda is due to have his press conference at 06.30 GMT.