Reuters is out with the key takeaways from the BoJ’s monetary policy statement, found here:
Japan’s economy expanding moderately, keeps assessment unchanged.
Cuts assessment on consumer inflation.
Inflation expectations moving sideways.
Inflation likely to accelerate towards 2 pct as output gap improves, inflation expectations heighten.
CPI in range of 0.5 to 1 pct.
The decision on yield curve control made by 8-1 vote, board member Kataoka dissents.
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