The Bank of Japan will hold a monetary policy meeting from the 16th to discuss whether it is necessary to extend or review the financing support measures for companies affected by the new corona, which is due until the end of March next year. ..
The Bank of Japan will hold a monetary policy meeting for two days from the 16th to discuss the current state of the economy and immediate policies.
In this, we will discuss measures to support the financing of companies affected by the new Corona, which is due until the end of March next year.
The cash flow support measures were introduced in March last year, and there are two measures, one is to increase the purchase of CP = commercial paper and corporate bonds issued by large companies, and the other is to supply funds to financial institutions mainly to support loans to small and medium-sized enterprises. It is a pillar.
There is a view that while large companies are improving within the Bank of Japan regarding corporate financing, small and medium-sized companies remain strict, especially in accommodation and eating and drinking.
At the meeting, in addition to this view, we will discuss whether it is necessary to extend or review each measure, taking into account the effects of new mutant viruses and Omicron strains.
On the other hand, the Bank of Japan is expected to decide to maintain the current large-scale monetary easing policy to keep short-term interest rates negative and long-term interest rates to around 0% in order to continue to support the economy at this meeting.