Monitor the JN BOJ Press Conference for insights on monetary policy and economic forecasts, impacting Forex markets.
It serves as a key method for the Bank of Japan to inform investors about its monetary policy. The statement addresses the elements influencing the latest interest rate decision, the general economic outlook, inflation trends, and hints about future policy directions. The start time for this event is not fixed, hence it will be marked as 'Tentative' until the press conference commences. Note that the release frequency was reduced from approximately 14 times a year to eight times a year starting January 2016.
What it Measures
N/A
Usual Effect
A more hawkish stance than anticipated is favorable for the currency.
Source & Frequency
Bank of Japan - https://www.boj.or.jp/en/index.htm/ • Occurring 8 times annually.
How Data is Derived
N/A
Also Known As
Interest Rate Press Conference
Acronym
Bank of Japan (BOJ)