JN BOJ Outlook Report
It provides valuable insight into the bank's view of economic conditions and inflation - the key factors that will shape the future of monetary policy;
Source does not give an exact release time - this event will be listed as 'Tentative' until the rate is announced. Source changed release frequency from semiannually to quarterly as of Jan 2016;
- History
Expected Impact / Date | Description |
---|---|
Apr 25, 2024 | |
Jan 22, 2024 | |
Oct 30, 2023 | |
Jul 27, 2023 | |
Apr 28, 2023 | |
Jan 17, 2023 | |
Oct 27, 2022 | |
Jul 20, 2022 | |
-
- JN BOJ Outlook Report News
- From boj.or.jp|Apr 25, 2024
Japan's economy is likely to keep growing at a pace above its potential growth rate, with overseas economies growing moderately and as a virtuous cycle from income to spending gradually intensifies against the background of factors such as accommodative financial conditions. • The year-on-year rate of increase in the consumer price index (CPI, all items less fresh food) is likely to be in the range of 2.5-3.0 percent for fiscal 2024 and then be at around 2 percent for fiscal 2025 and 2026. While the effects of a pass-through to ...
- From forexlive.com|Apr 25, 2024|31 comments
It's time to start the clock on the Bank of Japan decision. There is no set time for the BOJ but we are expecting today's decision in the 0230-0330 GMT range, so the watch will start in about 35 minutes. The previous BOJ decision was announced at 0334 GMT, which is at the late end of the range. The decision was a historic one as it was the first hike in 17 years. There is a precedent for policy changes coming in later than unchanged moves so that may be a hint as we watch the minutes tick by.
- From asia.nikkei.com|Apr 25, 2024
Core inflation in Japan's capital slowed for a second month in April to fall below the central bank's 2% target, data showed on Friday, complicating its decision on how soon to raise interest rates. The reading comes just hours ahead of the conclusion of the Bank of Japan's two-day policy meeting, where the board is set to keep interest rates steady and produce fresh quarterly inflation projections through early 2027. The core consumer price index in Tokyo, a leading indicator of nationwide figures, increased 1.6% in April from a ...
- From bnnbloomberg.ca|Apr 25, 2024
The Bank of Japan may raise interest rates three more times even after last month’s historic hike, according to Pacific Investment Management Co. “This is really, from our standpoint, sort of the beginning of the adjustment of monetary policy in Japan rather than the end game,” said Sachin Gupta, a portfolio manager who helps oversee more than $40 billion in assets at Pimco and is underweight Japan bonds. While some market participants are expecting another half point or so of hikes this year, “we think there is a possibility they go ...
- From channelnewsasia.com|Apr 25, 2024
The Bank of Japan on Friday is set to project inflation will stay near its 2 per cent target in coming years and signal its readiness to raise interest rates from near-zero, in hope of keeping yen bears from pushing the currency to fresh 34-year lows. Recent threats of intervention by Japanese authorities have failed to arrest the yen's slide against the dollar to levels unseen since 1990, adding to headaches for policymakers worried about the hit to consumption from rising living costs. The yen's falls are driven by receding ...
- From bnnbloomberg.ca|Apr 24, 2024|5 comments
Yen traders are bracing themselves for a redux of September 2022, when Japan intervened in the market to prop up the ailing currency in the wake of a central bank decision that reaffirmed accommodative monetary policy. With the yen already much weaker than it was then, and US interest rates unlikely to come down anytime soon, the mere lack of any hawkish comments from Bank of Japan Governor Kazuo Ueda on Friday may be enough to push the currency toward a possible inflection point. Based on an analysis of comments from the Masato ...
- From forexlive.com|Apr 24, 2024|14 comments
Japan chief cabinet secretary Hayashi: • Won't comment on forex levels or forex intervention. • Important for currencies to move in stable manner reflecting fundamentals. • Rapid fx moves undesirable. • Closely watching fx moves. • Will be ready to take full response. • Expect BOJ to work closely with govt. • Expect BOJ to conduct appropriate monetary policy to sustainably, stably hit its price target, working closely with govt. The words aren't really having much of an impact.
- From think.ing.com|Jan 23, 2024|1 comment
The Bank of Japan stood pat on monetary policy today as widely expected. But the market is now paying attention to a more positive tone on the wage and inflation outlook, as well as an upgrade to the FY2024 inflation outlook which lays the groundwork for policy normalisation. We still see a slightly higher chance of a first hike taking place in June than in April. No surprise that the BoJ kept its policy rate and 10-year yield target unchanged We think the Bank of Japan's modest change in its view on inflation hints that policy ...
Released on Apr 25, 2024 |
---|
Released on Jan 22, 2024 |
---|
- Details