Investing.com - The Bank of Japan held policy steady as expected on Thursdayin a 7 to 2 vote with the remarks cautious as well on the price outlook and possible reviews of the 10-year bond yield target if the economy recovers as expected.
The BoJ maintained its short-term interest rate target of minus 0.1% and a pledge to guide the 10-year government bond yield at around zero percent via aggressive asset purchases of ¥80 trillion annually.
Governor Haruhiko Kuroda will hold a news conference at 3:30 p.m. (0630 GMT).