BOJ Holds Steady on Low Rates, Inflation View Trimmed Slightly
• BOJ keeps interest rates unchanged at historic lows, maintains yield curve control policies • Slightly lowered inflation outlook for 2024, expects easing inflation in 2025 • Focus turns to Governor Ueda's news conference for signals on future policy • BOJ not expected to tighten ultra-loose policy until 2Q 2024 at the earliest • Upcoming Japanese CPI data a key point of focus for markets and policymakers