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JPN Minutes of the Monetary Policy Meeting on April 25 and 26, 2024
The Bank had been conducting market operations in accordance with the guideline for market operations decided at the previous meeting on March 18 and 19, 2024. The uncollateralized overnight call rate had been in the range of 0.074 to 0.077 percent. Meanwhile, regarding purchases of Japanese government bonds (JGBs), CP, and corporate bonds, the Bank conducted the purchases in accordance with the decisions made at the March 2024 meeting. B. Recent Developments in Financial Markets In the money market, interest rates on both overnight and term instruments had been at low levels. With regard to interest rates on ... (full story)
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BOJ MEMBER SUGGESTS HIGHER RATE PATH THAN MARKET EXPECTATIONS
— FinancialJuice (@financialjuice) June 18, 2024
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BOJ MINUTES: ONE MEMBER SAID BOJ COULD RAISE RATES MODERATELY BEFORE IT'S SUFFICIENTLY CONVINCED ABOUT CHANCE OF DURABLY HITTING PRICE GOAL, TO AVOID BEING FORCED TO HIKE RATES RAPIDLY LATER
— First Squawk (@FirstSquawk) June 18, 2024
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- Posted: Jun 18, 2024 7:50pm
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