The FTSE 100 (^FTSE) and European stocks were higher on Friday after the Bank of Japan (BoJ) kept its monetary policy unchanged at the conclusion of its two-day meeting.
Interest rates remained on hold around zero, as widely expected, while the central bank removed a reference to the amount of government bonds it has roughly committed to buying each month.
It also issued fresh estimates projecting inflation to stay near its 2% target in the next three years, signalling its readiness to raise borrowing costs this year.
JPMorgan European Discovery Trust plc (LON:JEDT) is an investment trust company. The Investment Trust JEDT objective is to achieve capital growth from a portfolio of quoted smaller companies in Europe, excluding the United Kingdom.
