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The Bank of Japan said it will keep interest rates at super-low levels for at least another year, its first specific time-frame guidance. The central bank also trimmed its Japan growth and inflation forecasts amid weaker global demand and US-China trade tensions.
A prolonged BOJ easing stance keeps the yen under pressure against the dollar, which can make dollar-priced US feed exports relatively cheaper for Japanese buyers; the direct price effect on feed commodities is modest.
japantimes.co.jpNo AuthorApr 25, 2019Not 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.
