Ultima Markets[Market Hot Spots] The Bank of Japan maintains loose policies under the inflation target

Bank of Japan(BoJ) 9month22 Maintain ultra-low interest rates and promise to continue stimulating the economy until inflation continues to reach2% This indicates that the Bank of Japan is not in a hurry to gradually cancel its large-scale stimulus plan.

Japan8Core consumer price index excluding fresh food but including fuel costs per month（CPI）Annual Ascension3.1%， Higher than the Central Bank of Japan2% Goal. Another key indicator that Bank of Japan focuses on is the so-called core, which does not include energy and fresh food pricesCPI，8Monthly and annual rise4.3%. The higher import costs are the main driving factor for inflation.

The Bank of Japan's yield curve control plan remains unchanged, with short-term interest rates of-0.1%，10The yield rate guideline for one-year Japanese government bonds is0%about.

President Kazuo Takeda hinted that if prices and wages continue to rise, negative interest rates will end, making the central bank's discussion more complex. At the same time, it is stated that sufficient information and data will be available by the end of the year to make corresponding decisions.

(JapanCPI Year-on-year growth & 10Yields of one-year Japanese treasury bond bonds)

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