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Bank of Japan keeps all monetary policy unchanged


In the interest rate meeting last Friday, the Bank of Japan insisted that all monetary policies remain unchanged, the interest rate remained at the level of minus 0.1%, and the 10-year bond interest rate remained at zero, with a fluctuation of 0.25%. In its statement, the BOJ simply said it would closely monitor changes in the yen. But this is clearly just an attempt to stop the yen's recent losses. Unless the Bank of Japan takes actual action, I believe that the yen exchange rate will remain weak. On Friday, Japan will release May inflation figures measured by the consumer price index. Recalling that Japan's annual inflation rate was 2.5% in April, we are now concerned about whether this figure will rise further.
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