Bank of Japan monetary policy statement for their December 2019 meeting
Policy is held steady but there are a few points to note, a little downbeat.
Policy:
- maintains short-term interest rate target at -0.1%
- maintains 10-year JGB yield target around 0%
- maintains forward guidance on interest rates, says they will remain at current or lower levels for as long as needed to guard against risk momentum for hitting price goal may be lost