The Bank of Japan's interest rate decision sets Japanese borrowing costs and is the main driver of the Japanese yen.
Actual
-0.1%
Forecast
-0.1%
Previous
-0.1%
Bank of Japan Rate Decision for October 31, 2023 came in at -0.1% versus -0.1% expected (previous -0.1%), in line with forecast.
What it meant for the JPY
The actual landed in line with the -0.1% forecast. A reading above forecast is generally bullish for the JPY, and below forecast bearish.
New to this release? See what Bank of Japan Rate Decision measures, the next release and its full history.