BOJ lowers inflation forecast as expected

BOJ lowers inflation forecast as expected

BOJ quarterly outlook on 31.07.2018 GDP forecasts – Cuts FY18/19 GDP growth from 1.6% to 1.5% – Maintains FY19/20 GDP growth at 0.8% – Maintains FY20/21 GDP at 0.8%   Inflation Outlook – Cuts FY18/19 core CPI outlook from 1.4% to 1.0% –...
BOJ keeps Monetary Policy unchanged by a vote of 8-1

BOJ keeps Monetary Policy unchanged by a vote of 8-1

BOJ April 2018 Monetary Policy decision on 15.06.2018 Leaves Interest Rate on Excess Reserves (IOER) unchanged at -0.10% Maintain its policy framework of “QQE with Yield Control” around 0.00% Maintains asset purchases at an annual pace of JPY 80T Maintains...

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