26 Mar 2019
BoJ 'Summary of Opinions': Must keep current policy
BoJ March 14 and 15 2019 summary comes as follows:
- Must maintain powerful monetary easing as momentum for hitting price goal sustained.
- Must keep current policy, watch economic developments for time being while keeping eye on side-effects of stimulus.
- Must ensure fiscal, monetary policy mix is maintained.
- Must take policy action pre-emptively if economic, price developments change.
- Must start preparing for policy response as downside risks materialising.
- If momentum for price growth lost, BOJ should ease decisively.
- Full text here