BoJ announces no changes, GDP forecast revised slightly lower

FXStreet (Bali) - The monetary policy announcement by the BoJ came with no significant changes, as expected, by unanimous vote.

Key headlines (via Reuters)

BoJ keeps monetary policy steady by unanimous vote, pledges to increase monetary base at annual pace of 60-70 trln yen

BoJ japan real gdp expected +1.0 pct in fy2014/15 vs +1.1 pct projected in april

Japan real gdp expected +1.5 pct in fy2015/16 vs +1.5 pct projected in april

Japan core cpi expected +1.3 pct in fy2014/15 vs +1.3 pct projected in april, excluding effect of sales tax hike in april

Japan core cpi expected +1.9 pct in fy2015/16 vs +1.9 pct projected in april, excluding effect of sales tax hike in april

Japan real gdp expected +1.3 pct in fy2016/17 vs +1.3 pct projected in april
4:58:15 am rtrs - boj: japan core cpi expected +2.1 pct in fy2016/17 vs +2.1 pct projected in april, excluding effect of sales tax hike in april

Says economy continues to recover moderately as a trend, keeps assessment unchanged

Turns down by 8-1 vote proposal by its member kiuchi to make 2 pct inflation target a medium- to long-term goal

Capex rising gradually as corporate profits improve

Factory output rising moderately as a trend although with some fluctuations

China's trade ministry: china outbound investment likely to grow about 10 pct this yr

Business sentiment has generally stayed at a favourable level

Japan's economy to continue moderate recovery as a trend with effect of sales tax hike seen gradually subsiding

Year on year rate of increase in cpi likely to be around 1.25 percent for some time