Coming soon to a Federal Reserve press conference near you. From Forex Live:
BoJ will conduct an unlimited bond buying operation today
Why one may ask?
Since 0.25% is the upper limit they put forward, this is not a shock. However, despite the monetary inflationary tsunami, deflation is still appearing to win the day.
Buckle up folks, the markets are in for one hell of a wild ride now as the deflationary Godzilla continues its attack on the Japanese economy.