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MNI BoJ Review - March 2021: Clarity Alongside Tweaks

  • The Bank's March decision and monetary policy review ultimately centred on the tweaks that were flagged in the well documented Nikkei article that was released on Thursday, with the Bank looking to promote flexibility and longevity within its ultra-loose monetary policy settings, stressing its ability to ease further if deemed necessary.
  • All in all the decision provided nothing in the way of meaningful surprises, given the release of the previously flagged Nikkei article ahead of the decision, with the Bank's focus falling on promoting ultra-loose monetary conditions as it continues to struggle to stoke the inflationary embers and looks to support the domestic economy as it battles the impact of COVID-19, with increased focus on the health on the banking sector evident.

Please use the following link to access the full review:

BoJ Review Mar 2021.pdf

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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