MNI: PBOC Net Injects CNY90.3 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1896 Tues; -1.71% Y/Y

CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

EZ/UK T-Bill Calendar: Spain, Belgium Auction on Tuesday

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BoJ Review - October 2022: Doubling Down, Again

EXECUTIVE SUMMARY

  • The BoJ’s decision to leave its major monetary policy settings unchanged at the end of its October meeting, alongside the redeployment of its easing bias, was not a surprise, given that the recent rounds of BoJ rhetoric had seen various officials express their support for the existing policy settings.
  • Post-meeting, the Bank decided to adjust its Rinban purchase plan for Q422 in a bid to step up the defence of its current YCC settings.
  • Consensus still looks for a change in tune when Kuroda’s term comes to an end in April and a new Governor takes the helm. We aren’t as convinced that such a move will be automatic.
  • Click to view full review: MNI BoJ Review - Oct 2022.pdf
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
Central Bank ReportsMarketsBoJ - ReviewCentral Bank Review
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
Central Bank ReportsMarketsBoJ - ReviewCentral Bank Review

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.