boj speech, 2023-10-12
The Bank has set two aims in the forward guidance it has pursued since September 2016; (1) to continue with QQE with Yield Curve Control as long as it is necessary for maintaining the price stability target of 2 percent in a stable manner, and (2) to continue expanding the monetary base until the year-on-year rate of increase in the observed CPI for all items less fresh food exceeds 2 percent and stays above the target in a stable manner.
Sentiment: neutral
Topic: mp_interest_rate