The BoJ doesn’t have a scheduled time for their Statement, never do.
Experience indicates to expect it sometime in the 0230 – 0330 GMT (2130-2230 US Eastern time) time window.
Bank of Japan Governor Ueda will follow up with a press conference. This is scheduled. At 0630 GMT (0130 US Eastern time).
The BoJ is widely expected to leave rates on hold today:
- BOJ reportedly sees little cost to waiting for next rate hike
- BOJ reportedly erring towards keeping interest rates unchanged
- BOJ reportedly considers skipping rate hike
- BOJ to raise interest rate to at least 0.50% by end-March, 51 of 52 economists say
- Goldman Sachs expect the Bank of Japan to remain on hold at 0.25% at the December meeting
But, just to mix it up:
This article was written by Eamonn Sheridan at www.forexlive.com.
