17 Mar 2015
BoJ keeps policy steady
FXStreet (Bali) - The Bank of Japan has concluded its two day monetary policy meeting, with the Central Bank keeping monetary policy steady, pledging to increase monetary base at annual pace of 80 trln yen.
Key headlines
Policy decision was made by 8-1 vote
BOJ board member kiuchi votes against keeping policy steady, says policy before October 31 easing was appropriate
Kiuchi proposed making 2 pct inflation target a medium- to long-term goal, which was turned down by 8-1 vote
Economy continues to recover moderately as a trend
Economy likely to continue recovering moderately as a trend
Core cpi moving in a range of 0-0.5 pct
Core consumer inflation likely to move around zero pct for time being
BOJ Governor Kuroda to hold post-meeting press conference at 0630GMT.
Key headlines
Policy decision was made by 8-1 vote
BOJ board member kiuchi votes against keeping policy steady, says policy before October 31 easing was appropriate
Kiuchi proposed making 2 pct inflation target a medium- to long-term goal, which was turned down by 8-1 vote
Economy continues to recover moderately as a trend
Economy likely to continue recovering moderately as a trend
Core cpi moving in a range of 0-0.5 pct
Core consumer inflation likely to move around zero pct for time being
BOJ Governor Kuroda to hold post-meeting press conference at 0630GMT.