Japan Interest Rate Decision Unchanged At -0.10% Vs. -0.10% Est.
Portfolio Pulse from Benzinga Newsdesk
The Bank of Japan has decided to keep its interest rate unchanged at -0.10%, which is in line with market expectations.

September 22, 2023 | 4:28 am
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NEUTRAL IMPACT
The decision of the Bank of Japan to keep interest rates unchanged may have a neutral impact on BBJP.
BBJP, being a Japan-focused ETF, is influenced by the monetary policy decisions of the Bank of Japan. However, as the decision was expected, it is unlikely to cause significant movement in the ETF's price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
The decision of the Bank of Japan to keep interest rates unchanged may have a neutral impact on DXJ.
DXJ, being a Japan-focused ETF, is influenced by the monetary policy decisions of the Bank of Japan. However, as the decision was expected, it is unlikely to cause significant movement in the ETF's price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
The decision of the Bank of Japan to keep interest rates unchanged may have a neutral impact on EWJ.
EWJ, being a Japan-focused ETF, is influenced by the monetary policy decisions of the Bank of Japan. However, as the decision was expected, it is unlikely to cause significant movement in the ETF's price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70