BOJ: Economic activity has been weak recently due mainly to impact of coronavirus outbreak
|Reuters is out with the key headline from the Bank of Japan (BOJ) monetary policy statement, in light of certain policy adjustments announced this Monday.
Exports, production have declined due to overseas economic slowdown since last year.
Fall in external demand mainly from china and effects of global supply chain from production stoppages also weighed on Japan’s exports, production.
Though financial conditions are accommodative on the whole they have become less accommodative partly in corporate financing.
Inflation expectations more or less unchanged from longer perspective.
Somewhat weak indicators of inflation expectations have been seen recently.
Japan's economic activity likely to remain weak for time being mainly affected by coronavirus outbreak.
Economic activity expected to eventually return to moderate expanding trend.
Yr/yr rate of change in CPI likely to somewhat weak for time being.
Need to watch for the impact of oil price drop.
Watching the coronavirus impact very closely.
New loan program to have zero interest rate, runs for a year.
New loan program to be offered until the end of September.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.