The Bank of Japan announced that it would leave the policy rate unchanged at around 1.25% at its decision on the 30th. Reports have focused on its assessment of whether the inflation target has been achieved and the pace of ETF sales.
The Bank of Japan announced at its decision on the 30th that it would leave the policy rate unchanged at around 1.25%. It effectively opted to maintain its current approach to monetary policy.
The Bank of Japan is reported to have judged that the 2% inflation target has been achieved. The achievement of the target has been reported as part of efforts to end deflation over the long term.
The Bank of Japan is also reported to be planning to accelerate the pace of ETF sales. The change in its asset-selling policy has attracted attention.
There have also been reports that some committee members opposed maintaining the policy rate. Committee member Takada's (高田) opposition has been reported.