Free Trial

MNI BRIEF:BOJ Minutes: Finer Communication Need On Easy Policy

(MNI) Tokyo
TOKYO (MNI)

Several Bank of Japan board members expressed that better communication is required to the public and markets on the need to stick with powerful monetary easing, the minutes of the Jan.17-18 policy meeting released on Thursday showed.

The board wants to brush out speculation in markets that the BOJ would consider unwinding easy policy following policy adjustments by other major central banks, see: MNI STATE OF PLAY: BOJ Kuroda: No Policy Change If CPI Hits 2%.

“Some members were of the opinion that, to avoid any misunderstandings, it was important for the Bank to clearly communicate to the public that it would continue with monetary easing until CPI inflation met the 2% price stability target in a stable and sustainable manner,” the minutes showed.

MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com

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.