BOJ keeps stance, expansion goes on despite slowdown

Sourced from: https://www.countingpips.com/2019/03/boj-keeps-stance-expansion-goes-on-despite-slowdown/

Japan’s central bank abandoned its monetary policy stance unchanged, as expected, but acknowledged the nation ’s exports and industrial production have been affected by the worldwide economic slowdown.
     However, the Bank of Japan (BOJ) still expects the economy to continue its “moderate growth ” despite the downturn in overseas economies as national demand trends upward, helped by government spending.
     “Even though exports are estimated to show any weakness for now, they’re expected to be about a moderate increasing tendency on the back of overseas economies growing moderately on the whole,” BOJ stated.
     In now ’s announcement, the BOJ’s policy board confirmed its monetary policy of controlling the yield curve that’s been in place since September 2016 – Quantitative and Qualitative Easing with Yield Curve Control (QQE) – and this coverage could continue until inflation reaches its 2 percent target.
     In its outlook for economic activity and prices from January, the BOJ reduced its inflation forecast for the fourth time, together using inflation excluding new food noticed rising only 0.8 percent in fiscal 2018, which ends this season, down from October’s forecast of 0.9 percent.
    In January Japan’s heart inflation rate edged up to 0.8 percent from 0.7 percent in December.
    Consumer costs in fiscal 2019, excluding the impact of the consumption tax hike, are observed rising 0.9 percent, down from 1.4 percent previously forecast, because of lower oil prices, and also for financial 2020 inflation is seen at 1.4 percent, down by 1.5 percent.
     Japan’s market is predicted to continue to expand about its potential rate, together with growth in fiscal 2018 hit by natural disasters last summer.
     The estimate of gross domestic product increase in financial 2018 was lowered to 0.9 percent from October’s prediction of 1.4 percent.
     GDP grew 0.5 percent in the fourth calendar quarter of 2018 from the next quarter for annual growth of 0.3 percent, up from 0.1 percent in the next quarter.
     For this coming financial year, the forecast for growth was revised up to 0.9% from a past 0.8 percentage, and for fiscal 2020 expansion is observed at 1.0 percent, up from 0.8 percent.
     After falling from March 2018 to December, the yen rose strongly in late December but has since given up a number of the gains this season. Now the yen was trading in 111.8 to the U.S. dollardown 1.3 per cent this year.
      As part of its monetary policy, the BOJ revealed it would keep a negative interest rate of minus 0.1% on banks’ deposits that transcend reserve requirements along with the purchase of government bonds of about 80 trillion yen so as to maintain 10-year government bond yields approximately 0%.
       As part of its QQE policy, the BOJ also purchases Exchange-Traded-Funds (ETFs) and real estate investment trusts (J-REITs) so the outstanding sums increases at an annual rate of roughly 6 trillion and approximately 90 billion yen, respectively.
By CentralBankNews.info

This week in monetary policy: Armenia, Georgia, Ukraine, Moldova, Japan & Azerbaijan

Sourced from: https://www.countingpips.com/2019/03/this-week-in-monetary-policy-armenia-georgia-ukraine-moldova-japan-azerbaijan/

    This week – March 10 through March 16 – central banks in 6 countries or jurisdictions are scheduled to decide on financial policy: Armenia, Georgia,Ukraine, Moldova, Japan and Azerbaijan.
    Following table comprises the title of the nation, the date of the following policy decision, the present policy rate, the end result of the last policy decision, the change in the coverage rate to date, and also the rate one year ago.
    The dining table is now updated when the latest decisions are announced and can always obtained by clicking on This Week.
WEEK 11
MAR 10 – MAR 16, 2019:
COUNTRY                    DATE                      RATE                 LATEST                     YTD               1 YR AGO
ARMENIA 12-Mar 5.75% -25 -25 6.00%
GEORGIA 13-Mar 6.75percent -25 -25 7.25percent
UKRAINE 14-Mar 18.00percent 0 0 17.00%
MOLDOVA 14-Mar 6.50percent 0 0 6.50%
JAPAN 15-Mar -0.10percent 0 0 -0.10percent
AZERBAIJAN 15-Mar 9.25percent -50 -50 13.00%

By CentralBankNews.info

This week in monetary policy: Armenia, Georgia, Ukraine, Moldova, Japan & Azerbaijan

Sourced from: https://www.countingpips.com/2019/03/this-week-in-monetary-policy-armenia-georgia-ukraine-moldova-japan-azerbaijan/

    Last week – March 10 through March 16 – central banks out of 6 nations or authorities are scheduled to decide on financial policy: Armenia, Georgia,Ukraine, Moldova, Japan and Azerbaijan.
    Following table comprises the title of the nation, the date of the next policy decision, the present coverage rate, the consequence of the final policy choice, the change in the coverage rate year to date, and the rate 1 year ago.
    The table is updated when the most recent decisions are declared and may always accessed by clicking on This Week.
WEEK 11
MAR 10 – MAR 16, 2019:
COUNTRY                    DATE                      RATE                 LATEST                     YTD               1 YR AGO
ARMENIA 12-Mar 5.75% -25 -25 6.00%
GEORGIA 13-Mar 6.75percent -25 -25 7.25percent
UKRAINE 14-Mar 18.00percent 0 0 17.00%
MOLDOVA 14-Mar 6.50% 0 0 6.50percent
JAPAN 15-Mar -0.10% 0 0 -0.10percent
AZERBAIJAN 15-Mar 9.25percent -50 -50 13.00percent

By CentralBankNews.info

This week in monetary policy: Armenia, Georgia, Ukraine, Moldova, Japan & Azerbaijan

Sourced from: https://www.countingpips.com/2019/03/this-week-in-monetary-policy-armenia-georgia-ukraine-moldova-japan-azerbaijan/

    This week – March 10 through March 16 – central banks from 6 states or jurisdictions are advised to decide on monetary policy: Armenia, Georgia,Ukraine, Moldova, Japan and Azerbaijan.
    Following table includes the name of the nation, the date of the next policy decision, the present policy rate, the consequence of the final policy choice, the change in the policy rate to date, and also the rate 1 year ago.
    The dining table has been updated when the most recent decisions have been announced and can always accessed by clicking This Week.
WEEK 11
MAR 10 – MAR 16, 2019:
COUNTRY                    DATE                      RATE                 LATEST                     YTD               1 YR AGO
ARMENIA 12-Mar 5.75percent -25 -25 6.00%
GEORGIA 13-Mar 6.75% -25 -25 7.25%
UKRAINE 14-Mar 18.00percent 0 0 17.00%
MOLDOVA 14-Mar 6.50% 0 0 6.50%
JAPAN 15-Mar -0.10percent 0 0 -0.10percent
AZERBAIJAN 15-Mar 9.25% -50 -50 13.00%

By CentralBankNews.info

This week in monetary policy: Armenia, Georgia, Ukraine, Moldova, Japan & Azerbaijan

Sourced from: https://www.countingpips.com/2019/03/this-week-in-monetary-policy-armenia-georgia-ukraine-moldova-japan-azerbaijan/

From CentralBankNews.info

    This week – March 10 through March 16 – central banks from 6 countries or authorities are scheduled to decide on fiscal policy: Armenia, Georgia,Ukraine, Moldova, Japan and Azerbaijan.
    Following table contains the title of the nation, the date of the following policy choice, the present coverage rate, the consequence of the last policy decision, the shift in the policy rate year so far, and the rate 1 year ago.
    The table has been updated when the latest decisions have been announced and can continually obtained by clicking on This Week.
WEEK 11
MAR 10 – MAR 16, 2019:
COUNTRY                    DATE                      RATE                 LATEST                     YTD               1 YR AGO
ARMENIA 12-Mar 5.75percent -25 -25 6.00percent
GEORGIA 13-Mar 6.75% -25 -25 7.25percent
UKRAINE 14-Mar 18.00percent 0 0 17.00percent
MOLDOVA 14-Mar 6.50percent 0 0 6.50%
JAPAN 15-Mar -0.10% 0 0 -0.10%
AZERBAIJAN 15-Mar 9.25percent -50 -50 13.00percent

This week in monetary policy: Armenia, Georgia, Ukraine, Moldova, Japan & Azerbaijan

Sourced from: https://www.countingpips.com/2019/03/this-week-in-monetary-policy-armenia-georgia-ukraine-moldova-japan-azerbaijan/

    Last week – March 10 through March 16 – central banks in 6 states or jurisdictions are scheduled to decide on financial policy: Armenia, Georgia,Ukraine, Moldova, Japan and Azerbaijan.
    After table comprises the title of the country, the date of the next policy decision, the current coverage rate, the consequence of the previous policy choice, the shift in the coverage rate year to date, and the rate 1 year ago.
    The dining table has been updated when the latest decisions are declared and can always obtained by clicking This Week.
WEEK 11
MAR 10 – MAR 16, 2019:
COUNTRY                    DATE                      RATE                 LATEST                     YTD               1 YR AGO
ARMENIA 12-Mar 5.75percent -25 -25 6.00%
GEORGIA 13-Mar 6.75percent -25 -25 7.25%
UKRAINE 14-Mar 18.00% 0 0 17.00%
MOLDOVA 14-Mar 6.50percent 0 0 6.50%
JAPAN 15-Mar -0.10percent 0 0 -0.10%
AZERBAIJAN 15-Mar 9.25% -50 -50 13.00percent

From CentralBankNews.info

This week in monetary policy: Armenia, Georgia, Ukraine, Moldova, Japan & Azerbaijan

Sourced from: https://www.countingpips.com/2019/03/this-week-in-monetary-policy-armenia-georgia-ukraine-moldova-japan-azerbaijan/

By CentralBankNews.info

    This week – March 10 through March 16 – central banks in 6 nations or jurisdictions are advised to decide on financial policy: Armenia, Georgia,Ukraine, Moldova, Japan and Azerbaijan.
    After table contains the name of the nation, the date of the following policy decision, the current coverage rate, the end result of the previous policy choice, the shift in the policy rate year to date, and also the rate one year ago.
    The table is updated when the latest decisions are declared and can always accessed by clicking on This Week.
WEEK 11
MAR 10 – MAR 16, 2019:
COUNTRY                    DATE                      RATE                 LATEST                     YTD               1 YR AGO
ARMENIA 12-Mar 5.75percent -25 -25 6.00%
GEORGIA 13-Mar 6.75% -25 -25 7.25%
UKRAINE 14-Mar 18.00% 0 0 17.00%
MOLDOVA 14-Mar 6.50percent 0 0 6.50%
JAPAN 15-Mar -0.10percent 0 0 -0.10percent
AZERBAIJAN 15-Mar 9.25% -50 -50 13.00percent

This week in monetary policy: Armenia, Georgia, Ukraine, Moldova, Japan & Azerbaijan

Sourced from: https://www.countingpips.com/2019/03/this-week-in-monetary-policy-armenia-georgia-ukraine-moldova-japan-azerbaijan/

By CentralBankNews.info

    This week – March 10 through March 16 – central banks out of 6 countries or jurisdictions are scheduled to decide on financial policy: Armenia, Georgia,Ukraine, Moldova, Japan and Azerbaijan.
    After table includes the title of the country, the date of the following policy choice, the present coverage rate, the consequence of the last policy decision, the shift in the coverage rate year to date, and the rate 1 year ago.
    The dining table has been updated when the latest decisions are declared and can always obtained by clicking on This Week.
WEEK 11
MAR 10 – MAR 16, 2019:
COUNTRY                    DATE                      RATE                 LATEST                     YTD               1 YR AGO
ARMENIA 12-Mar 5.75% -25 -25 6.00%
GEORGIA 13-Mar 6.75percent -25 -25 7.25%
UKRAINE 14-Mar 18.00percent 0 0 17.00%
MOLDOVA 14-Mar 6.50% 0 0 6.50%
JAPAN 15-Mar -0.10% 0 0 -0.10percent
AZERBAIJAN 15-Mar 9.25% -50 -50 13.00percent