# BOJ keeps monetary spigot open, new board member dissents

> 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.

- Date: 2017-09-21 · published 2017-09-21T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/69175-boj-keeps-monetary-spigot-open-new-board-member-dissents
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

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.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- business-standard.com: https://www.business-standard.com/article/reuters/boj-keeps-monetary-spigot-open-new-board-member-dissents-117092100258_1.html

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