Boj news

BoJ (Bank of Japan) news! Here are some recent updates:

Recent Decisions:

1. Negative Interest Rates: The BoJ maintained its negative interest rate policy, keeping the short-term interest rate at -0.1%.
2. Quantitative Easing: The BoJ continued its asset purchase program, maintaining its target of ¥80 trillion (approximately $730 billion) in outstanding assets.
3. Forward Guidance: The BoJ maintained its forward guidance, indicating that it will keep interest rates low for an extended period to achieve its 2% inflation target.

Recent Statements:

1. Governor Haruhiko Kuroda: In a recent press conference, Governor Kuroda emphasized the need for continued monetary easing to achieve the BoJ's inflation target.
2. Economic Outlook: The BoJ's latest economic outlook report highlighted concerns about the impact of global trade tensions and the COVID-19 pandemic on Japan's economy.

Recent Data:

1. Inflation Rate: Japan's inflation rate remained low, at 0.2% in January, below the BoJ's target.
2. GDP Growth: Japan's GDP growth rate slowed to 0.4% in the fourth quarter of 2022, due to weaker exports and consumption.

Upcoming Events:

1. BoJ Policy Meeting: The next BoJ policy meeting is scheduled for March 18-19, where the bank is expected to maintain its current monetary policy stance.
2. Economic Data Releases: Japan will release its January trade data and February consumer price index (CPI) on March 18 and 25, respectively.

Stay tuned for more updates on the Bank of Japan's policies and actions!