BoJ: No fiddling with policy - TDS

Research Team at TDS, notes that the BoJ did not fiddle with policy, keeping all existing measures intact.

Key Quotes

“The Y80tn target for expanding the monetary base, the –0.1% deposit rate and the program to buy stocks. With most of the analyst community expecting the BoJ to ease policy by June, the market read today’s decision to stand pat was to assess the impact of negative interest rates.”