BOJ Considers Tweaking Forward Guidance on Policy Rate: Nikkei

From bnnbloomberg.ca

The Bank of Japan is planning to review guidance on its policy rate in light of the government’s plans to lower the classification of Covid-19, the Nikkei newspaper reported Friday, without attribution. The BOJ was also seen keeping its yield curve control policy unchanged at Friday’s meeting and considering a comprehensive review of past monetary easing decisions, as previously reported. The yen saw a modest spike after the report before reversing gains, while Japan’s bond futures held a decline. Japanese bank shares gained. Governor Kazuo Ueda will shortly conclude his first monetary policy meeting. ... (full story)