JN Monetary Policy Statement
It's among the primary tools the BOJ uses to communicate with investors about monetary policy. It contains the outcome of their decision on asset purchases and commentary about the economic conditions that influenced their decision. Most importantly, it projects the economic outlook and offers clues on the outcome of future votes;
Source does not give an exact release time - the event will be listed as 'Tentative' until the statement is issued. Source first released in Jul 2008. Source changed release frequency from about 14 times per year to eight times per year as of Jan 2016;
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Expected Impact / Date | Description |
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Jan 23, 2025 | |
Dec 18, 2024 | |
Oct 30, 2024 | |
Sep 19, 2024 | |
Jul 30, 2024 | |
Jun 13, 2024 | |
Apr 25, 2024 | |
Mar 18, 2024 | |
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- JN Monetary Policy Statement News
- From cnbc.com|Jan 23, 2025|4 comments
The Bank of Japan hiked rates by 25 basis points Friday to 0.5%, bringing its policy rate to its highest level since 2008, as it seeks to normalize its monetary policy. The move comes in line with expectations from CNBC’s survey from Jan 15-20, which saw an overwhelming majority of economists predict a hike. Following the decision, the Japanese yen weakened marginally to trade at 156.09 against the dollar, while country’s benchmark Nikkei 225 stock index rose 0.59%. Senior BOJ officials, including governor Kazuo Ueda and Deputy ...
- From boj.or.jp|Jan 23, 2025|1 comment
At the Monetary Policy Meeting (MPM) held today, the Policy Board of the Bank of Japan decided, by an 8-1 majority vote, to set the following guideline for money market operations for the intermeeting period: The Bank will encourage the uncollateralized overnight call rate to remain at around 0.5 percent. In accordance with the change in the guideline for money market operations, the Bank decided to change the interest rates applied to its measures, by an 8-1 majority vote. The interest rate applied to the complementary deposit ...
- From channelnewsasia.com|Jan 23, 2025
A look at the day ahead in Asian markets. Investors divert their focus away from Washington on Friday for the first time since President Donald Trump's inauguration on Monday, towards Tokyo and the Bank of Japan, which is widely expected to raise interest rates to a 17-year high of 0.5 per cent. Assuming the BOJ does raise rates by a quarter of a percentage point - a 95 per cent certainty, according to market pricing - that focus will narrow in even more on Governor Kazuo Ueda's press conference and the signals he sends about future ...
- From brecorder.com|Jan 20, 2025|7 comments
The Bank of Japan is expected to raise interest rates on Friday barring any market shocks when U.S. President-elect Donald Trump takes office, a move that would lift short-term borrowing costs to levels unseen since the 2008 global financial crisis. A tightening in policy would underscore the central bank’s resolve to steadily push up interest rates, now at 0.25%, to near 1% - a level analysts see as neither cooling nor overheating Japan’s economy. At the two-day meeting ending on Friday, the BOJ is likely to raise its short-term ...
- From marctomarket.com|Jan 19, 2025
There were four important macro developments to note in recent days. First, the recent string of US economic data was firmer than expected and GDP looks to have expanded close to 3% in Q4. With the help of guidance by Federal Reserve Waller, who is thought to be a possible successor to Chair Powell, played up the possibility of a cut in H1, and the market implemented the guidance and has next cut nearly priced in for the June FOMC meeting. Second, guidance by Bank of Japan officials makes a rate hike at the end of the coming week ...
- From @PiQSuite|Jan 17, 2025|5 comments
post: majority of boj board members set to approve rate hike next week, nikkei says some board members remain cautious of rate hike, nikkei says
- From cnbc.com|Dec 18, 2024|1 comment
The Bank of Japan on Thursday held its benchmark interest rate steady at 0.25%, opting to take the time to assess the impact of financial and foreign exchange markets on Japan’s economic activity and prices. The yen weakened 0.3% against the dollar after the rate decision, trading at 155.42 and hitting a one-month low. Meanwhile, the country’s stock indexes pared gains, with the benchmark Nikkei 225 down 0.74% compared to the 0.96% loss before the announcement. The decision to hold rates surprised economists polled by Reuters, who ...
- From boj.or.jp|Dec 18, 2024
Japan fell into deflation in the latter half of the 1990s, experiencing a sustained decline in prices. Although subsequently there were phases in which the rate of change in prices temporarily turned positive, Japan generally continued to experience moderate deflation until the early 2010s. The reasons for this prolonged period of moderate deflation can be broadly divided into three main points. First, with a declining trend in the natural rate of interest, which is the real interest rate neutral to economic activity and prices, ...
Released on Jan 23, 2025 |
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Released on Dec 18, 2024 |
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