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The Bank of Japan kept its ultra-low interest rates on March 10, 2023, in what was Governor Kuroda's final meeting, with no policy surprises. The yen weakened slightly after a brief spike, and Japanese bank shares fell sharply.
A steady BoJ keeps the yen weak and the dollar firm against it, which raises the local-currency cost of dollar-priced feed imports for Japanese buyers.
reuters.comLeika KiharaMar 10, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
