Minutes of the Monetary Policy Meeting on July 27 and 28, 2023

Minutes of the Monetary Policy Meeting on July 27 and 28, 2023

From boj.or.jp

In accordance with the short-term policy interest rate of minus 0.1 percent and the target level of the long-term interest rate, both of which were decided at the previous meeting on June 15 and 16, 2023, the Bank had been conducting purchases of Japanese government bonds (JGBs).5 Under the guideline for conduct of yield curve control decided at that meeting, it had also conducted outright purchases of 10-year JGBs at 0.5 percent through the fixedrate method every business day. Moreover, the Bank had carried out fixed-rate purchase operations of the cheapest-to-deliver (CTD) issues every business day. With these ... (full story)

Added at 7:56pm

BOJ MINUTES: MEMBERS AGREED BOJ MUST MAINTAIN CURRENT MONETARY EASING TO STABLY, SUSTAINABLY HIT PRICE TARGET
— First Squawk (@FirstSquawk) September 26, 2023

Added at 7:57pm

BOJ MINUTES: ONE MEMBER SAID BOJ MUST SUSTAIN YCC FRAMEWORK IN LINE WITH COMMITMENT IT HAS MADE IN ITS STATEMENT
— First Squawk (@FirstSquawk) September 26, 2023

Seem quiet than usual.

Quoting steven.s

Disliked

Seem quiet than usual.

Ignored

Too quiet. If you realized, Yen is appreciating slowly day by day.

Quoting TheWraith

Disliked

{quote} Too quiet. If you realized, Yen is appreciating slowly day by day.

Ignored

I do not know what chart you are looking on bro, but yen is depreciating for some time already

BoJ busy sleeping

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