Bank Of Japan Meeting. The economic calendar outlines these key events in order for traders to know when to expect an. The Bank of Japan expanded monetary stimulus on Monday and pledged to buy unlimited amount of bonds to keep borrowing costs low as the government tries to spend its way out of the deepening economic pain from the coronavirus pandemic.
The Bank of Japan is trying to gauge the fallout of the trade war on Japanese businesses.
July's policy board meeting saw the bank lower its price outlook and tweak monetary policy.
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Like most modern Japanese institutions, the Bank of Japan was founded after the Meiji Restoration. Japanese investors also bought the euro on the wide interest rate gap between Japan and the euro zone, while many overseas fund players shied away from active trading before the Bank of Japan's meeting starts Tuesday. Bank of Japan Governor Haruhiko Kuroda could draw investors' attention back to the theme of monetary policy divergence, possibly sparking But expectations that the Bank of Japan might aggressively loosen policy mean that the implications for global markets could be considerably greater.
