BOJ monetary policy meeting statement later this week - preview

Author: Eamonn Sheridan | Category: Central Banks

Announcement scheduled at the conclusion of the meeting on Thursday 25 April 2019

As always, the time of the statement is flexible and not known in advance. 0230 to 0330GMT is a god bet.
I posted earlier:
Justin had a more detailed look at what to expect:
This now, a summary from a long piece by Société Générale
  • The BoJ policy board will likely decide to maintain its current monetary easing framework at the April monetary policy meeting on 24-25 April. 
  • In the new outlook report, the policy board will likely maintain its positive assessment of Japan's underlying economic strength, while continuing to be cautious of the recent weakness in economic data. 
  • However, the policy board will continue to indicate that once technical downward pressures fade, the economy and prices should return to a steady growth path. Furthermore, the new FY21 growth and CPI forecast will likely indicate that growth will continue to grow around the potential growth rate while prices will pick up toward the 2% target.

Announcement scheduled at the conclusion of the meeting on Thursday 25 April 2019


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