This is what we’re reduced to–central bank actions and the algorithimic responses they generate.
After USA central banks managed to put a bid in the tumbling marketplace, Japanese CBs manage to do the opposite.
Futures are lower after BOJ DELAYS TIMING FOR REACHING 2% INFLATION RATE.
Let that soak in…yep still doesn’t matter. Unless you’re a robot, then you’re like:
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I didn’t get it. Was it expected they would lower? Aren’t they negative already?
They adjusted their scheduled date for achieving the 2% inflation rate. No word on rates, which are indeed negative lol