Lowering of rates by the Bank of Japan, which has not been

Some say that the Bank of Japan (BOJ) lowered the rate from 0.10% to 0.0% in the corridor -0.1%, but the BOJ is not presented well. The statement says that they "will support the unsecured overnight interest rate from 0 to 0.1 percent." In other words, they consolidate what has already happened in March of this year, that is, the maximum period in which you could watch an average rate above 0.1% every two weeks (from time to time, she really jumped).



The main surprise was the lack of program expansion in bank lending, instead fund has been established at 5 trillion. yen for the purchase of government bonds listed on the exchange funds, commercial paper and real estate trusts. They still want to look at this and then see how it's done. The conclusion is that although this movement in the right direction, the market is likely to regard it as a belated step, but not advanced, and of course, the yen will not respond as did the dollar on expectations the second round of QE.

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