BOJ Meeting Minutes – The Kids Are All Right

Bank of Japan board members agreed that the economy and prices are moving in line with their forecast, minutes of the central bank’s February 17-18 meeting showed on Friday.
Members also agreed that the sales tax hike next month in Japan will not derail the economy and that risks posed by overseas economies have receded.

The BOJ kept monetary policy steady at that meeting and extended special loan programs to help buoy bank lending, brushing off data showing weak growth in the fourth quarter of last year.

At a subsequent meeting on March 10-11, the BOJ kept policy on hold, lowered its assessment of exports and raised its view of capital expenditure.


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Mingze Wu

Mingze Wu

Currency Analyst at Market Pulse
Based in Singapore, Mingze Wu focuses on trading strategies and technical and fundamental analysis of major currency pairs. He has extensive trading experience across different asset classes and is well-versed in global market fundamentals. In addition to contributing articles to MarketPulseFX, Mingze centers on forex and macro-economic trends impacting the Asia Pacific region.
Mingze Wu