Regarding the "inspection" decided by the Bank of Japan at the meeting in the middle of this month to implement more effective and sustainable monetary easing, the committee members said, "Inspect the effects and side effects of monetary easing measures and continue as necessary. We should make improvements to enhance sexuality and effectiveness. "
The Bank of Japan will hold a monetary policy meeting on the 17th and 18th of this month to carry out "inspections" to implement more effective and sustainable monetary easing toward achieving the inflation target of 2%. I decided.
The main opinions of the meeting were announced on the 28th, and the committee members said, "It is likely that it will take more time to achieve the 2% price stability target due to the effects of infectious diseases." The effects and side effects of monetary easing measures should be checked, and if necessary, improvements should be made to enhance sustainability and effectiveness. "
The Bank of Japan has said that it will not change the framework of its current large-scale monetary easing measures, but it seems that it has decided to carry out an "inspection" based on these opinions.
In addition, the Bank of Japan has decided to extend the deadline for cash flow support measures for companies affected by the new coronavirus for half a year until the end of September next year, but the committee members said, "Amid concerns about the impact of the re-spread of infection. It is appropriate to keep pace with the government and consider extending the deadline for corporate cash flow support measures. "