The BOJ expressed the view in its full Outlook Report that rising share prices and a weaker yen are affecting current accommodative financial conditions. In line with the report, it identifies recent market developments as factors for assessing financial conditions.
The BOJ pointed out in its assessment of financial conditions that recent gains in share prices and the yen's depreciation are affecting the current accommodative environment.
This assessment is based on the Outlook for Economic Activity and Prices, known as the Outlook Report, published in October, and indicates that the stock market and foreign-exchange trends are being given priority as criteria for assessing financial conditions.
The Outlook Report suggests that trends in rising share prices and the yen's depreciation may affect the degree of monetary accommodation when assessing the extent of monetary easing.