Bank of Japan (BoJ) published the Summary of Opinions from its March monetary policy meeting on March 18 and 19, with the key findings noted below.
Bank of Japan published the Summary of Opinions from its March monetary policy meeting on March 18 and 19, with the key findings noted below. Key quotes “One member said YCC, negative rate, and other massive stimulus tools have accomplished their roles.” “One member said BoJ must guide monetary policy using short-term rate as main policy means, in accordance to economic, price, and financial developments.
02% on the day to trade at 151.30, as of writing. Bank of Japan FAQs What is the Bank of Japan? The Bank of Japan is the Japanese central bank, which sets monetary policy in the country. Its mandate is to issue banknotes and carry out currency and monetary control to ensure price stability, which means an inflation target of around 2%.
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