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- Bank of Japan Oct Minutes: Members agreed must maintain current easy policy to hit price target
Bank of Japan Oct Minutes: Members agreed must maintain current easy policy to hit price target
The Bank of Japan published the minutes of the October meeting, not to be m, mistaken for the most recent meeting where a surprising tweak was made to the central bank's monetary policy, sending the yen on a tear.
BoJ minutes
BoJ October meeting minutes: Members agreed must maintain the current easy policy to stably, and sustainably hit the price target.
BoJ minutes: One member said the effect of BoJ\s easing may be heightening as a moderate increase in inflation expectations push down real interest rates.
BoJ minutes: One member said the rise in nominal wages is crucial for inflation to stably hit 2%.
More to come ...
About the Bank of Japan
The Bank of Japan publishes a study of economic movements in Japan after the actual meeting. These meetings are held to review economic developments inside and outside of Japan and indicate a sign of new fiscal policy. Any changes in this report tend to affect the JPY volatility. Generally speaking, if the BoJ minutes show a hawkish outlook, that is seen as positive (or bullish) for the JPY, while a dovish outlook is seen as negative (or bearish).
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