Bank of Japan keeps policy unchanged.
Today is May Day.
Often called the “Workers’ Festival,” I’ve heard that some companies are taking the day off.
Regardless of that, I’m a sufferer who spends time like this, hello.
How is everyone spending Golden Week?
(My Golden Week looks like this ('◇')ゞ)
Now, what kind of movement will there be economically?
Below, quotes from Yahoo News ↓
The Bank of Japan decided at its policy-setting meeting on the 1st to keep the policy interest rate around 0.5%, maintaining the current level. Keeping rates unchanged for the second consecutive meeting after March. It lowered its forecasts for real GDP growth and the consumer price index for both Fiscal Years 25 and 26. It judged that concerns about the impact of U.S. President Trump’s tariff intensification measures on the global economy were strong. Governor Kuroda will hold a press conference in the afternoon to explain the reasons for the policy decision.
Mr. Ueda is expected to maintain the stance of raising rates with the aim of stabilizing the inflation rate at around 2% year-on-year, while prioritizing assessing tariff negotiations between the U.S. and Japan and movements in financial markets.
In the January meeting, the BOJ decided to raise the policy rate from around 0.25% to around 0.5% on the expectation of high wage growth. In the March meeting, it left the rate unchanged due to high global economic uncertainties.
…That was the message.
With the 100th day of President Trump’s inauguration, economies around the world are volatile.
In Japan, it is also a matter of interest what will happen regarding tariffs.
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