Statement on Monetary Policy [PDF 69KB]
(WorldNews Japan)

April 27, 2017 Bank of Japan Statement on Monetary Policy At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided upon the following. Yield curve control The Bank decided, by a 7-2 majority vote, to set the following guideline for market operations for the intenneeting period. [Note Il The short-tenn policy interest rate: The Bank will apply a negative interest rate of minus 0.1 percent to the Policy-Rate Balances in current accounts held by financial institutions at the Bank. The long-term interest rate: The Bank will purchase Japanese government bonds...