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  • BoJ leaves interest rate unchanged pledge to buy JGBs more or less at current pace so its holdings increase at annual pace of around 80 trln yen
Market news
09.03.2018, 07:47

BoJ leaves interest rate unchanged pledge to buy JGBs more or less at current pace so its holdings increase at annual pace of around 80 trln yen

  • Says Japan's economy expanding moderately, keeps assessment unchanged

  • Maintains 10-year jgb yield target around zero pct

  • Decision on yield curve control made by 8-1 vote, board member Kataoka dissents

  • Kataoka says need to buy jgbs so yield for duration of 10 years or longer falls further

  • Housing investment moving on a weak note

  • Kataoka says currently chance of inflation rising toward 2 pct is low

  • Kataoka says BoJ should clarify it will ease further if domestic factors delay achievement of price target

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