so — are they following suit?
mariko 0i is following the story
for us in singapore.
any movement from the bank ofjapan
this time? nope, no surprises from
the bank of japan.
this time? nope, no surprises from
the bank ofjapan. it has wrapped up
its monetary policy meeting and it
continues to keep its cost of
borrowing very low. and it remains
keeping the stimulus packages in
place. unlike the ecb, the european
central bank, which surprised the
market overnight for us, being very
about the cost of borrowing really
effective in the us dollar versus
the euro overnight. and the bank of
japan, even though the governor can
be known with his surprise
announcements today. there were no
surprises at all. in terms of the
inflation target, japan has been
suffering from deflation. but
inflation was lower slightly. but
other than that, nothing new. good
to see you there in our asia