Central Bank of Japan left the monetary policy intact


The Japanese central bank is leaving its flexible monetary policy unchanged for the time being. The Bank of Japan (BoJ) announced this on Thursday. The decision to maintain the policy was expected on the financial markets.

Experts point out that the economic picture has improved, among other things due to the government’s fiscal stimulus package and the progress in trade negotiations between the economic superpowers China and the United States. These are important trading partners of Japan. There are also signs that the global economic downturn has now reached a low point.

Although the central bank maintained its most important economic forecasts, it was scaled down somewhat for industrial production. That happened after a fall in production in October. The decline was partly due to bad weather, but was also due to the Sino-US trade conflict.

By: Leah Kunze

Leah Kunze just graduated MBA and is proud of it. She is interested in automotive industry and innovations. She well be glad to receive a mail to leah.kunze@economicinform.com

Add comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Posts


About us

EconomicInform, EconomicInform.com is a product of EconomicInform LLC. We sincerely believe that economics is one of the most interesting and most underappreciated – in terms of getting some enjoyment out of reading the subject articles – sciences. More on that - at the link. Feel free to drop us a line.