Lack of BoJ action to support JPY and other non-dollar risk havens like gold

Posted on April 29th, 2016

The non-policy decision by the BoJ, creates considerably uncertainty over when the BoJ will consider easing policy further.  Kuroda suggests he simply needs more time to assess the effects of NIRP, in the order of six months or more, which pushes action out until at least late-July.  It seems he and other policymakers are willing […]