蜜臀av性久久久久|国产免费久久精品99|国产99久久久久久免费|成人精品一区二区三区在线|日韩精品一区二区av在线|国产亚洲欧美在线观看四区|色噜噜综合亚洲av中文无码|99久久久国产精品免费播放器

BOJ stands pat on policy as inflation goal remains far-flung

Source: Xinhua| 2018-09-19 22:19:13|Editor: xuxin

TOKYO, Sept. 19 (Xinhua) -- The Bank of Japan (BOJ) opted to maintain its ultra-easy monetary policy on Wednesday while monitoring the effectiveness of its recent policy adjustment amid weak inflation.

The central bank's two-day policy meeting concluded Wednesday with the bank voting to maintain its purchases of government bonds to push the 10-year yield close to zero.

It also decided to keep its minus 0.1 percent short-term rate for some funds parked there by financial institutions.

"The current powerful monetary easing measures are still necessary to achieve our 2 percent price stability target, BOJ Governor Haruhiko Kuroda told a press conference Wednesday.

The central bank decided at a previous board meeting in July to allow long-term interest rates to move in a wider range to increase policy flexibility.

Kuroda said that its still early to judge whether the policy adjustment was a success and the BOJ would keep monitoring the effects of the policy adjustment.

Japanese Prime Minister Shinzo Abe suggested in a policy debate last week that Japan's ultra-easy monetary policy should not continue too long.

Kuroda, for his part, stressed that any exit strategy was contingent on achieving the 2 percent inflation target.

"We have to first reach 2 percent and create a condition for the exit," he said.

The BOJ has been pursuing the 2 percent inflation target since Kuroda took office in 2013 in a bid to lift Japan out of years of deflationary stagnation.

But after more than five years of aggressive monetary easing, the target remains far-flung, leading the bank to push back the time frame for achieving the goal several times and to drop the time frame from its quarterly economic outlook report earlier this year.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001374797281
台山市| 万州区| 格尔木市| 双江| 秀山| 会昌县| 凌源市| 科技| 老河口市| 历史| 平塘县| 含山县| 应城市| 汪清县| 应用必备| 大冶市| 湾仔区| 桂东县| 怀仁县| 五指山市| 弋阳县| 吉木萨尔县| 伊金霍洛旗| 武胜县| 枣庄市| 宕昌县| 五指山市| 辉南县| 门头沟区| 忻城县| 松阳县| 峡江县| 柳江县| 电白县| 荥经县| 从化市| 龙胜| 普兰县| 长兴县| 芷江| 芦溪县|