Bank of Japan maintains accommodative monetary policy, cuts GDP forecast for this year to 3.8%
The Bank of Japan ทดลองเล่นสล็อต pg (BOJ) decided to maintain its accommodative monetary policy at its meeting today. This includes keeping the policy interest rate at -0.1% and keeping the 10-year government bond yield target around 0%.
The BOJ's meeting agreed to move forward with an Ultraloose Monetary Policy aimed at bolstering an economy that remains fragile due to the impact of the COVID-19 pandemic.
At this meeting, the BOJ revealed its 0% loan program for various financial institutions. to fund the fight against global warming The project will be launched this year. and will continue until the fiscal year 2030.
The BOJ also lowered its forecast for Japan's 2021 gross domestic product (GDP) to 3.8 percent from the previous estimate of 4%, but raised the outlook for the price index. Baseline consumer (CPI), excluding food and energy prices, rose 0.6% in 2021 from the previous forecast of 0.1%.