(Finance) – The Bank of Japanat the end of the meeting of today’s monetary policy, he decided, with unanimous vote, of maintain the reference rate to 0.5%showing himself worried about the impact of duties on his economy deeply suited to exports. The decision is in line with expectations of the market and was almost obvious, being on the calendar just before the Federal Reserve meeting, a substantial nothing done is expected from leather.
“The economy has grown moderately Overall. Exports and industrial production – reads the statement – remained more or less unchanged. With a trend in improvement in corporate profits, the investments fixed companies have followed a trend in moderate increase. The employment and income situation has improved moderately. THE consumption private ?? have followed a trend in moderate increase Despite the impact of the increases in prices and other factors “.
“As for the Risks for prospects – says Boj – they remain high uncertainties that surround the economic activity and prices in Japan, including the evolution of the Commerce situation And to other policies “and” developments in foreign economic and prices “, including those of raw materials.
“In these circumstances, it is necessary to give the due attention to developments in financial markets and changes and their impact on the economic activity and prices of Japan. In particular, with the behavior of the companies that recently moved more towards the increase in wages and prices, the developments of the exchange rate have, compared to the past, greater probability of influencing prices “, concludes the Japanese central bank.
After the decision on rates, it Yen showed little moved On the Forex market, exchanging at 149.33 compared to the US dollar (-0.01%).