BOJ eases policy by increasing ETF buying, rates unchanged
Bank of Japan's monetary policy decision has been released, with the Central Bank easing monetary further by increasing ETF buying, while rates stay unchanged at -0.1%, and keeping monetary policy base unchanged at 80 trl yen.
Key headlines
BOJ : eases monetary policy further
BOJ : to increase etf buying so balance of its holdings rises at annual pace of 6 trln yen vs previous 3.3 trln yen
BOJ says no change to base money target
BOJ says negative rates kept unchanged at -0.1 pct
BOJ says no change to amount of jgb buying
BOJ says no change to amount of purchases of j-reits, cp, corporate bonds
BOJ says to increase size of lending programme that provides dollar funding to Japanese financial institutions
Says will conduct comprehensive assessment of effects of QQE with negative rate policy at next rate review
BOJ says Kuroda as chairman of board instructed staff to prepare deliberations on assessment at BOJ's next meeting
Author
Ivan Delgado
Independent Analyst
Established in the Asian continent since 2009, Ivan studied a degree in Business at the University Pompeu Fabra (Barcelona), while also earning a postgraduate degree in Business Administration.
