The BoJ doesn’t have a scheduled time for their Statement, never do.
Experience indicates to expect it sometime in the 0230 – 0330 GMT (2130-2230 US Eastern time) time window.
Bank of Japan Governor Ueda will follow up with a press conference. This is scheduled. At 0630 GMT (0130 US Eastern time).
The BoJ is widely expected to leave rates on hold today:BOJ is expected to hold its policy rate at 0.25% in its December 18-19 meeting – previewBOJ reportedly sees little cost to waiting for next rate hikeBOJ reportedly erring towards keeping interest rates unchangedBOJ reportedly considers skipping rate hikeBOJ to raise interest rate to at least 0.50% by end-March, 51 of 52 economists sayGoldman Sachs expect the Bank of Japan to remain on hold at 0.25% at the December meeting
But, just to mix it up:
Here’s a view saying BoJ to hike today (or maybe January!) – stronger yen in months ahead
This article was written by Eamonn Sheridan at www.forexlive.com.
