The Bank of Japan needs to maintain its current large-scale monetary easing policy, but it will be added on October 29, 12:37.
At the monetary policy meeting held until the 29th, the Bank of Japan decided to maintain the current large-scale monetary easing measures.
In addition, it plans to continue financing support measures for companies affected by the new coronavirus.
The Bank of Japan will continue to monitor the economic impact of the new coronavirus and will hesitate to take additional monetary easing if necessary.
The Bank of Japan also announced the latest economic and price outlook at the monetary policy meeting on the 29th.
This year's real GDP = gross domestic product growth rate is the median forecast of policymakers, minus 5.5% compared to the previous year, down from the previous forecast of minus 4.7% in July.
In addition, the median inflation rate for this year was minus 0.6%, down from the previous minus 0.5%.