FOREX TradingCharts.com

Financial News: BoJ Policymakers Suggest Debate On Rate Adjustment Needed

BoJ Policymakers Suggest Debate On Rate Adjustment Needed On Improving Outlook

12/28/2017 - 07:33:00 (RTTNews)

(RTTNews) - The Bank of Japan board members said they may need to consider interest rate hike on the back of improving economic activity and prices going forward, according to the Summary of Opinions.

"When it is expected that economic activity and prices will continue to improve going forward, the situation may occur where the Bank will need to consider whether adjustments in the level of interest rates will be necessary," one board member said at the monetary policy meeting held last week.

With regard to purchases of risky assets including exchange-traded funds, one member said as stock prices and corporate profits are expected to continue to develop firmly going forward, their policy effects as well as possible side effects should be examined from every angle.

At the meeting, the board voted 8-1 to hold its target of raising the amount of outstanding JGB holdings at an annual pace of about JPY 80 trillion. They decided to buy government bonds so that the yield of 10-year JGBs will remain at around zero percent.

The board also decided to maintain the -0.1 percent interest rate on current accounts that financial institutions maintain at the bank.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


BRAZIL: Prosecutors Want BNY Mellon To Pay R$ 8.2 Billion To Postalis (45 min(s), 44 sec(s) ago)
(RTTNews) - The Brazilian Public Prosecutor's Office in São Paulo (MPF-SP) filed a public civ ...Full Story»

COLOMBIA: Industrial Production Rises 0.3% In November On Annual Basis (59 min(s), 44 sec(s) ago)
(RTTNews) - Colombia's industrial output rose by 0.3% in November on an annual basis, while sa ...Full Story»

CHILE: Cochilco Raises Copper Price Estimate To US$ 3.06 Per Pound In 2018 (03 hr(s), 36 min(s), 44 sec(s) ago)
(RTTNews) - The Chilean Copper Commission (Cochilco) raised its 2018 average copper price estimate ...Full Story»

ARGENTINA: YPF And Statoil Reach Exploration Agreement In Neuquén (03 hr(s), 50 min(s), 44 sec(s) ago)
(RTTNews) - Argentinean state-owned oil company YPF sealed a definitive agreement with Statoil Arg ...Full Story»

Decrypting 'Cryptocurrency' (06 hr(s), 29 min(s), 44 sec(s) ago)
(RTTNews) - A cryptocurrency is a digital asset that works on a medium that uses cryptography, the ...Full Story»

Ripple Revealed (06 hr(s), 36 min(s), 44 sec(s) ago)
(RTTNews) - Ripple is one of the most popular cryptocurrencies in South Korea, a leading market fo ...Full Story»

S. Africa CB Maintains Key Rate (06 hr(s), 46 min(s), 44 sec(s) ago)
(RTTNews) - South Africa's central bank kept its key interest rate unchanged on Thursday and g ...Full Story»

Philly Fed Index Indicates Slower Growth In January (06 hr(s), 47 min(s), 44 sec(s) ago)
(RTTNews) - Growth in activity in the Philadelphia-area manufacturing sector slowed by more than a ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

BRAZIL: Prosecutors Want BNY Mellon To Pay R$ 8.2 Billion To Postalis

01/18/2018 - 16:01 PM (RTTNews)
(RTTNews) - The Brazilian Public Prosecutor's Office in São Paulo (MPF-SP) filed a public civ ...Full Story>>

COLOMBIA: Industrial Production Rises 0.3% In November On Annual Basis

01/18/2018 - 15:47 PM (RTTNews)
(RTTNews) - Colombia's industrial output rose by 0.3% in November on an annual basis, while sa ...Full Story>>

CHILE: Cochilco Raises Copper Price Estimate To US$ 3.06 Per Pound In 2018

01/18/2018 - 13:10 PM (RTTNews)
(RTTNews) - The Chilean Copper Commission (Cochilco) raised its 2018 average copper price estimate ...Full Story>>

ARGENTINA: YPF And Statoil Reach Exploration Agreement In Neuquén

01/18/2018 - 12:56 PM (RTTNews)
(RTTNews) - Argentinean state-owned oil company YPF sealed a definitive agreement with Statoil Arg ...Full Story>>

Decrypting 'Cryptocurrency'

01/18/2018 - 10:17 AM (RTTNews)
(RTTNews) - A cryptocurrency is a digital asset that works on a medium that uses cryptography, the ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.