BOJ today to monetary policy decision meeting to determine additional mitigation measures Oct. 30 6:27
The BOJ will hold a monetary policy decision meeting for two days from the 30th to examine economic and price trends and consider necessary responses. While there are signs that trade negotiations between the United States and China are progressing, if necessary, we will carefully judge whether it is time to step on additional monetary easing measures that we have been trying to do.
The Bank of Japan has shown a willingness to take additional mitigation measures if necessary as the overseas economy continues to decelerate due to the effects of trade friction between the United States and China. It is an idea to check whether there is any.
With regard to the world economy, the IMF = International Monetary Fund shows that the growth rate will be the lowest in the last 10 years, and the view that the recovery of the world economy will be delayed within the BOJ and the impact on exports and production will continue. It has come out.
However, trade negotiations between the United States and China, which was the biggest risk, show signs of progress, and it is far from the case that the UK leaves the EU without a consensus.
Against this background, there are many opinions that the momentum of rising prices has not changed significantly since the financial market is relatively calm.
On the other hand, there is a view that it will still take some time to determine the impact of the consumption tax hike that started this month on the domestic economy.
For this reason, the BOJ has carefully decided whether it is time to take additional monetary easing measures.