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Global Macro
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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.
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Free AccessMNI BRIEF: BOJ Opinions: Policy Action May Be Needed On Covid
One Bank of Japan board member saw the need for the BOJ to take significant policy action depending on developments of Covid-19, at the Dec. 16-17 policy meeting, opinions of the meeting released on Monday showed.
“If the economic situation changes significantly due to the course of the pandemic, it may become necessary for the BOJ to make policy responses that go beyond facilitating corporate financing,” one member said, see: MNI STATE OF PLAY: BOJ Stays Covid Easy As Policy Lags Big CBs.
“Even if the monetary base decreases in the short run due to the revision of the Special Program proposed at this MPM, it will remain on an uptrend in the long run. Therefore, the revision will not be in contradiction with the inflation-overshooting commitment,” another member said.
To read the full story
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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.