The BoJ has no scheduled time for the Statement, never will.
Experience indicates it is expected sometime in the time window 0230 – 0330 GMT (2130-2230 US Eastern).
Bank of Japan Governor Ueda will follow with a press conference. This is recorded. At 0630 GMT (0130 US Eastern time).
The BoJ is widely expected to leave rates on hold today:
- BOJ reportedly sees little cost in waiting for the next rate hike
- BOJ was reportedly erring towards keeping interest rates unchanged
- BOJ is reportedly considering a jump rate hike
- BOJ to raise interest rate to at least 0.50% by end of March, 51 of 52 economists say
- Goldman Sachs expects the Bank of Japan to hold steady at 0.25% at a December meeting
But, just to mix it up:
This article was written by Eamonn Sheridan at www.forexlive.com.
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