Bloomberg News
The Bank of Japan left its key interest rates unchanged while announcing policy tweaks, including a shift in purchases of exchange-traded funds toward assets linked to the Topix equities index and flexibility in bond operations.
The central bank will also reduce the amount of bank reserves subject to its negative interest rate, it said in a statement on Tuesday. The BOJ also added forward guidance for policy rates in its statement today, stating that it intends to maintain the current extremely low levels of short- and long-term interest rates for an "extended period of time." The bank also cut inflation rates for the current year and for 2019 and 2020.
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