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BOJ Statement on Monetary Policy
At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided, by an 8-1 majority vote, to set the following guideline for money market operations for the intermeeting period. The Bank of Japan will conduct money market operations so that the monetary base will increase at an annual pace of about 80 trillion yen. With regard to the asset purchases, the Bank decided by an 8-1 majority vote, to continue with the following guidelines. a) The Bank will purchase Japanese government bonds (JGBs) so the their amount outstanding will increase at an annual pace of about 80 trillion yen. With a view ... (full story)
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