Bank of Japan expects inflation to remain short of target for ‘some time'

bankofjapan
Bank of Japan

The Bank of Japan (BoJ) policy board voted unanimously to continue asset purchases in a bid to grow the country's monetary base by up to ¥70 trillion ($684 billion) annually, the bank said today in a monetary policy statement.

The BoJ has bought government bonds, exchange-traded funds, real estate investment trusts (j-reits) and corporate bonds on a monthly basis since early last year to prop up inflation after nearly two decades of stagnating and falling prices.

Japan's economy is expected to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.