# Bank of Japan Review: BoJ Tweaks Policy And Introduces Forward Guidance - ActionForex

> The Bank of Japan widened the tolerance for 10-year JGB yields to plus or minus 20bp around its 0% target and introduced forward guidance that rates stay low for longer. It kept the policy rate at -0.1%. Danske Bank expects the policy to hold until at least the end of 2019.

- Date: 2018-07-31 · published 2018-07-31T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/64282-bank-of-japan-review-boj-tweaks-policy-and-introduces-forward-guidance
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Looser yield control and extended low-rate guidance weigh on the yen and support global bond inflows, which affects currency and fixed-income flows more than grain or feed demand.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- actionforex.com: https://www.actionforex.com/contributors/fundamental-analysis/117637-bank-of-japan-review-boj-tweaks-policy-and-introduces-forward-guidance/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.