Price Stability and Monetary Policy
- What is monetary policy and how is it carried out in Japan?
- How does monetary policy affect economic activity and prices?
- What is the Bank's thinking on price stability and the price stability target?
- What are market operations?
- How have the Bank's guidelines for market operations changed?
- What is the uncollateralized overnight call rate? What is the excess and shortage of funds?
- What is the Complementary Deposit Facility?
- What types of open market operations does the Bank conduct?
- What are outright purchases of Japanese government bonds (JGBs)?
- What are the Climate Response Financing Operations?
- What is the monetary base?
- What is the reserve requirement system? What are excess reserves?
- What kind of role does the official discount rate -- the basic interest rate that was used by the Bank in providing loans to financial institutions -- currently play?
- What are Monetary Policy Meetings (MPMs), and when are they held?
- When does the Bank release the minutes and transcripts of Monetary Policy Meetings (MPMs)?
- How does the Bank make its assessments and projections of economic activity and prices?
- What are the factors on which the Bank bases its assessment of economic activity? How does it assess these factors?
- What are the factors on which the Bank bases its assessment of prices?
- How do a central bank's profits change through large-scale monetary easing?
- What kind of effects do central bank finances have on monetary policy conduct?
- Don't central bank finances affect confidence in the currency?