BoJ keeps policy steady, economy recovering moderately

By FXstreet.com | August 07, 2014 AAA

FXStreet (Bali) - BoJ kept its monetary policy steady by unanimous vote, reiterating its commitment to increase the monetary base at annual pace of 60-70 trln yen.



Further headlines courtesy of Reuters



BoJ keeps monetary policy steady by unanimous vote, pledges to increase monetary base at annual pace of 60-70 trln yen



BoJ says japan's economy continues to recover moderately as a trend, keeps assessment unchanged



BoJ revises down assessment on exports



BoJ revises down assessment on industrial output



BoJ board turns down by 8-1 vote proposal by its member kiuchi to make 2 pct inflation target a medium- to long-term goal



BoJ: exports have shown some weakness



BoJ: industrial output has continued to increase moderately as a trend but has recently shown some weakness



BoJ: household spending remains resilient as a trend with effect of sales tax hike gradually beginning to wane



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