BoJ stand pat on easing plan

FXstreet.com (Barcelona) - The Bank of Japan monetary policy announcement has been published with no major surprise in the curent policy stance. The central bank sees the core CPI forecast this month unchanged from April at 1.9%, while retaining plan for 60 to 70 T yen on easing. The BoJ further added that efforts on loose policy will continue until inflation is achieved. On the economy, the BoJ said: "Japan's economy is starting to recover moderately."