Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions 
Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
China Holds Loan Prime Rates Steady for 14th Month as Economic Recovery Remains Uneven 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Japan PM Sanae Takaichi Unveils Growth Plan as BOJ Independence Concerns Lift Bond Yields 
Media reports spread rumours yesterday that the BoJ currently does not consider an extension of its expansionary monetary policy to be necessary. Instead it would prefer to wait a little longer to get a clearer idea of the economic outlook.
The JPY hardly reacted at all to the news which is due to the fact that analysts' consensus only expect an extension of the bond purchasing program during the meeting in late October rather than at next week's meeting anyways. The really interesting data, the consumer price data, will only be published on 30th October, the day of the meeting.
"The comments suggest that the BoJ may wait even longer before easing its monetary policy again. If it does not want to see that things are not looking good for its inflation target and the economy then I am not sure how any data will convince it in the coming 4 weeks", says Commerzbank.
