Ella 
Following the conclusion of the June meeting, Board members of the Bank of Japan (BoJ) decided to maintain the current monetary policy unchanged, keeping interest rates and 10-year JGB yield targets at -10bps and 0.00%, respectively.
The BOJ kept its 10-year JGB yield target range at plus or minus 0.5 percent.
The Bank of Japan voted unanimously on its decision on bond yield control curve policy.
Japan’s economy is picking up.
The Japanese economy may continue to recover moderately.
Japan’s core consumer inflation is likely to slow its rise in the middle of this fiscal year.
Exports and output were flat.
Moderate increase in capital expenditure.
Consumption increased moderately.
Inflation expectations strengthened and then flattened.
Japan’s economic outlook is very uncertain.
Amendment to the “Key Terms and Conditions of the Supplementary Deposit Facility”.
The framework of the Supplementary Deposit Facility and the interest scheme to facilitate lending remain unchanged.
USD/JPY found further support following the Bank of Japan’s policy statement. USD/JPY is currently trading at 140.66, up 0.29% on the day.
