Tag Archives: Bank of Japan monetary policy

Japan’s central bank has little room for further easing despite a downbeat outlook. At its monetary policy meeting on 30 July, the Bank of Japan (BoJ) decided to keep its monetary policy unchanged, as expected. The decision came as the Japanese economy faces strong external headwinds and a downbeat outlook for domestic demand. However, we do not expect the BoJ to make any changes to its current monetary easing...

Japan's central bank has little room for further easing despite a downbeat outlook.At its monetary policy meeting on 30 July, the Bank of Japan (BoJ) decided to keep its monetary policy unchanged, as expected. The decision came as the Japanese economy faces strong external headwinds and a downbeat outlook for domestic demand.However, we do not expect the BoJ to make any changes to its current monetary easing framework until H1 2020 as it has probably reached the limit of its easing capacity....

The BOJ confounded market expectations by just tinkering with policy on the margins in July. As a result, the yen should hold on to its recent gains. The Bank of Japan (BoJ) did not significantly change monetary policy at its Monetary Policy Meeting held on 28-29 July, contrary to market expectations. While the BOJ did announce an increase in its annual purchases of ETFs (from ¥3.3 trn to ¥6 trn), it kept the annual increase of the monetary base at ¥80 trn and did not cut interest rates...