BOJ Statement on Monetary Policy | Forex Factory

  • BOJ Statement on Monetary Policy

    From or.jp Story is in PDF Format

    At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided, by a unanimous 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 60-70 trillion yen. With regard to the asset purchases, the Bank will continue with the following guidelines: a) The Bank will purchase Japanese government bonds (JGBs) so that their amount outstanding will increase at an annual pace of about 50 trillion yen, and the average remaining maturity

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wlarimer
Dec 20, 2013 3:04am
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Quoting Guest
nice words : "inflation expectations appear to be rising on the whole"
The point of the whole exercise is to create inflation. Deflation for two decades has badly hurt the Japanese people and economy. Inflation in this case will be a relief.
Reply
Exodus
Dec 20, 2013 3:30am
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Quoting frx_trader
agreed. Next year it will be 100.
I think you mean "next year it will still be printed on paper".
Reply
jegas
Dec 19, 2013 10:06pm
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But ,No Reaction in JPY why ?
Reply
frx_trader
Dec 19, 2013 9:30pm
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Quoting esmicompra
Bla bla bla....This means: Japan Yen down!
agreed. Next year it will be 100.
Reply
champoooy
Dec 20, 2013 12:15am
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If they are going to continue their QE while dollar is strengthening amidst of the taper then USD/JPY should surge, prolly up to its next resistance (108 ~ 110) level
Reply
Yuri57
Dec 19, 2013 11:27pm
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Quoting jegas
But ,No Reaction in JPY why ?
Nothing new. That's why.
Reply
Sergii1
Dec 20, 2013 4:20am
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Quoting wlarimer
The point of the whole exercise is to create inflation. Deflation for two decades has badly hurt the Japanese people and economy. Inflation in this case will be a relief.
Quoting wlarimer
The point of the whole exercise is to create inflation. Deflation for two decades has badly hurt the Japanese people and economy. Inflation in this case will be a relief.
Mate it didnt hurt people, it damaged economy, people are more than happy with diflation
Reply
Revalif
Dec 19, 2013 9:38pm
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look at this word "inflation expectations appear to be rising on the whole"
where's deflation ?
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Revalif
Dec 19, 2013 10:36pm
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is the target achieved and trends going to change ?
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Foren
Dec 20, 2013 12:25am
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im shorting jpy and ejy.
usd/jpy- sell opened 104.400
eurjpy - sell opened 142.213

hope to see all down by today. anyway, buy stops near by.
Reply
esmicompra
Dec 19, 2013 9:25pm
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Bla bla bla....This means: Japan Yen down!
Reply
ExTemporis
Dec 19, 2013 10:00pm
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I'm in usdjpy long...
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42jason
Dec 20, 2013 3:42am
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Its a two day meeting, why react now?
Reply
Trader#0BEF
Dec 19, 2013 9:14pm
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nice words : "inflation expectations appear to be rising on the whole"
Reply

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