Analytical Reviews

Get the latest economic news from ForexMart, including updates on the financial market, central bank policy announcements, financial indicators, and other relevant news which can impact the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Japan’s Monetary Policy Sustained Their Target Rate with a Positive Outlook


September, 19 2018
watermark Economic news

Japan’s monetary policy remained steady on Wednesday with a positive outlook on the economy despite raising concerns on global trades.

The central bank of Japan kept the short-term interest rate target at minus 0.1 percent and promises to direct the 10-year government bond yields at zero percent.

At the same time, they continued the adopted policy in July where they pledged to maintain extremely low rates for a longer period of time.

Votes of board members including Goushi Kataoka and Yutaka Harada regarding sustaining the interest rate targets were tallied to be at 7-2.

The economy is said to be “expanding moderately”, as described by the BOJ’s policy.

A news conference will be held by BOJ Governor Haruhiko Kuroda at 3:30 p.m. (0630 GMT) to give an explanation on the policy decision.

Given the soft inflation, the central bank has to sustain the massive stimulus longer than expected and take action in July aiming for a sustainable policy framework while allowing bond yields to move accommodatingly the bond yields close to the target rate.

コメントする

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.