BOJ eases policy by increasing ETF buying, rates unchanged

Ivan Delgado Independent Analyst

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.

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