Monitor the JN Monetary Policy Statement for BOJ's economic outlook and policy shifts impacting Forex markets.
This document serves as a key instrument for the Bank of Japan (BOJ) to convey its monetary policy to investors. It outlines the results of their asset purchase decisions and provides insights into the economic conditions that led to those decisions. Notably, it includes an economic outlook and hints regarding future voting outcomes. The release time is not specified, and the event will be marked as 'Tentative' until the statement is published. This source first appeared in July 2008 and altered its release schedule from approximately 14 times annually to eight times starting January 2016.
What it Measures
N/A
Usual Effect
A more hawkish stance than anticipated is beneficial for the currency.
Source & Frequency
Bank of Japan (latest release) - https://www.boj.or.jp/en/index.htm/ • Scheduled to occur eight times a year.
How Data is Derived
N/A
Also Known As
Interest Rate Statement
Acronym
Bank of Japan (BOJ)