BOJ Governor Kuroda Sticks With Easing policy rates & maintains yield curve control

The Bank of Japan (BOJ) kept interest rates at historic lows on Friday. And said that it would maintain its present pace of yield curve management as it navigates a leadership transition.

The meeting on Friday is the final one to be presided over by Governor Haruhiko Kuroda, whose term expires in April.

This prediction was supported by recent statistics, which showed that manufacturer price inflation for February was less than anticipated.

Bank of Japan actually easing policy interest rates?

Tokyo consumer inflation (TCI). Which is typically a leading indicator of national inflation. Also came in below expectations for the month.

On account of the BOJ’s dovish stance and worries about increasing U.S. interest rates, the Japanese (Currency) yen fell 0.4%.