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The Bank of Japan kept its short-term rate at minus 0.1 percent and its yield curve control policy unchanged on September 21. Board member Goushi Kataoka dissented in an 8-1 vote, arguing the current easing is not enough to reach the 2 percent inflation target.
The bank also kept its bond-buying pledge at 80 trillion yen a year.
Continued Japanese easing keeps the yen weak relative to the dollar, which can support Japanese import demand for U.S. feed and food commodities. The overall price impact on grains and oilseeds is limited.
business-standard.comReutersSep 21, 2017Not 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.
