Reported 7 months ago
The Bank of Japan held a two-day meeting on June 13, 2024, with the focus on the decision expected to be announced on the 14th. It is anticipated that the interest rate will remain unchanged at 0-0.1%, but there may be a decision to reduce the monthly bond purchase scale as Japan moves towards policy normalization, potentially providing support for the weakened yen. The market is also observing discussions within the BOJ on adjusting bond purchase measures to slowly reduce holdings and avoid market turbulence.
Source: YAHOO