empty
 
 

2019.08.0200:36:00UTC+00BoJ Minutes: Policymakers Discussed Monetary Easing

Bank of Japan policymakers discussed further easing as most members shared the view that it was appropriate to persistently continue with the powerful monetary easing, the minutes of the monetary policy held on June 19 and 20, showed Friday.

"The key to overcoming deflation was for the Bank to maintain its stance of taking some kind of policy response if any changes emerged in the baseline scenario of the outlook for prices," the minutes said.

Another member viewed that the bank needed to strengthen monetary easing amid changes in the external environment and expectations for monetary easing in the U.S. and Europe.

One member said despite high uncertainties regarding overseas economies going forward, BoJ should aim to achieve the price stability target by persistently continuing with the current monetary easing policy.

The bank had maintained its ultra loose monetary policy at its June meeting.

At the July meeting, policymakers said the bank will not hesitate to take additional easing measures if required to achieve price stability target.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback