The AgendaTrading
Bank of Japan (BoJ) Monetary Policy Meeting
The Bank of Japan meets to determine short-term interest rate targets and release its quarterly economic outlook.
Finished
This event has already taken place (October 29 – 30).
What it is
The Bank of Japan's Policy Board meets to determine its short-term interest rate targets and asset purchase policies. This meeting also features the quarterly release of the Outlook for Economic Activity and Prices.
Why it matters
The BoJ's slow departure from its historic ultra-loose monetary policy has massive implications for global carry trades, yen crosses, and bond markets. Revised projections in the Outlook Report will signal the central bank's confidence in sustainable inflation, directly dictating market volatility.
What to watch
- 01
Any updates to the short-term policy rate target.
- 02
Revisions to GDP and core inflation forecasts in the Outlook Report.
- 03
Governor Kazuo Ueda's commentary on domestic consumption strength and wage negotiation trends.
