BOJ Statement on Monetary Policy | Forex Factory

  • BOJ Statement on Monetary Policy

    From or.jp Story is in PDF Format

    1. At the Monetary Policy Meeting (MPM) held today, the Policy Board of the Bank of Japan decided upon the following: (1) Quantity Dimension: The guideline for money market operations The Bank 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. (2) Quality Dimension: The guidelines for asset purchases With regard to the asset purchases, the Bank decided , by an 8-1 majority vote, to set the following guidlines

Comment Options
liberty458
Mar 15, 2016 5:31am
Permalink
I thought I paste that headline here, as that is truly crazy, Yes Japan is going to do that for us, Yes it is a safe heaven Currency no doubt.....Sarc....

You know something is strange when "the riskiest" country in the world is the nation whose central bank everyone is relying on to 'save the world' and "the safest" stock market in the world is from a nation whose neighbor is actively test-firing nuclear missiles? (North Korea)
Reply
OZTrader22
Mar 14, 2016 11:18pm
Permalink
So basically more of the same negative interest rate of -.1% and 80 trill yearly QE but 10% steeper ETF purchases come April. Doesn't really have the wow factor. Need to go to -.5% rates and increase asset purchases from 80 trillion yen to 160 trillion yen yearly. I don't think they should do this but atleast for a year or 2 this would smash the yen down and increase their exports. After 2 years of this the BOJ's balance sheet would be much larger than today and they would have to slow down considerably. This would just create a bigger bubble..
Reply
rafat habeb
Mar 14, 2016 10:54pm
Permalink
good scenario
Reply
Pleiadian
Mar 15, 2016 7:31am
Permalink
This is not capitalism, this is not the free market. Crazy monetary policies with negative interest rates. The banks are being run by psychopaths
Reply
mugwort
Mar 15, 2016 12:46am
Permalink
Quoting OZTrader22
So basically more of the same negative interest rate of -.1% and 80 trill yearly QE but 10% steeper ETF purchases come April. Doesn't really have the wow factor. Need to go to -.5% rates and increase asset purchases from 80 trillion yen to 160 trillion yen yearly. I don't think they should do this but atleast for a year or 2 this would smash the yen down and increase their exports. After 2 years of this the BOJ's balance sheet would be much larger than today and they would have to slow down considerably. This would just create a bigger bubble..
thanks Kuroda
Reply
Trader#1697
Mar 14, 2016 11:03pm
Permalink
mmm so ?
Reply
Trader#AC7E
Mar 15, 2016 1:38am
Permalink
usd/jpy going to 100 by end of 2016.
Yen strengthening after capital flowing into yen denominated assets because of QE
Reply

  • Related Stories

There are no posts to display for these settings.
  • Story Stats