BoJ kept the accommodative stance well in place – UOB

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BoJ kept the accommodative stance well in place – UOB By pabspiovano BOJ Japan InterestRate CentralBanks Banks

“The Bank of Japan , as widely expected, decided to keep its policy measures unchanged at its Monetary Policy Meeting and downgraded the view on the economy due to impact from COVID-19 on 18 Mar 2022.”

“With the inflation largely stemming from an uncertain supply shock while domestic demand remains weak, we are certain that the BOJ will keep its current easy monetary policy intact for 2022 and will maintain its massive stimulus, possibly at least until FY2023.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

 

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