Here's your summary from Bank of Japan Keeps Rates Unchanged, Seen Delaying Bond Buying Cuts (https://www.youtube.com/watch?v=Nt0h53CHs_w) on the Bloomberg Television channel:
**TLDR:** Bank of Japan decided to keep rates unchanged and delay bond buying cuts, with a majority vote to reduce purchases in the future.
1. BOJ deferred the decision on bond purchases to the next meeting, with an 8 to 1 majority vote to go ahead with reductions.
2. Details on the extent of the reduction were not provided, and the decision on bond buying will be made over the next 1 to 2 years.
3. The Japanese yen and government bond yields reacted to the news with a decline.
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