The Bank of Japan maintained the parameters of monetary policy

 Breaking News
  • Microsoft, Amazon and eBay are at record highs On Tuesday, securities of Microsoft Corp, Amazon.com Inc and eBay Inc broke records. The rush of investors’ demand for the shares of those companies involved in electronic commerce caused such...
  • Quarantine in Hong Kong is not for everyone Hong Kong is rescuing its stock exchange. In order to give life to the trading platform, the administration of the metropolis has shown flexibility concerning quarantine measures. So, Christopher Hui...
  • Economy of Japan demonstrates recession In the first quarter of this year, the economy of the Land of the Rising Sun dropped by 0.6% in monthly terms. The figures are not optimistic but are better...
  • Energy market news On Saturday, representatives of the countries included in the OPEC+ cartel managed to agree on the extension of the restrictions on oil production. It also became known that those countries...
  • Bentley fires employees in order to prevent losses in 2020 The Bentley brand has long been synonymous with luxury living. Unfortunately, the British automaker has to save because of a forced two-month break. The company’s CEO Adrian Hallmark said to...
The Bank of Japan maintained the parameters of monetary policy
September 21
13:00 2018

As a result of the meeting that ended on Wednesday, the Bank of Japan hasn’t changed anything in its policy regarding government bonds and rates for commercial banks.

The yield on ten-year government bonds has remained at around 0%. Also, the rate on deposits for banks has been unchanged. At the moment it is 0.1%.

The market was ready for such news. The decisions made were fully justified, so there were no shocks.

The Bank of Japan again expressed its readiness to change the parameters of the government securities yield. This will depend on the activity in the economy and the level of inflation.

A while ago, the Governor of the Central Bank Haruhiko Kuroda hinted that the yield on ten-year securities could increase to 0.2%.

 

The material was prepared with the participation of Katya Gordon,
a leading analyst of the brokerage company CT Trade

Related Articles

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment