Statement on Monetary Policy
April 26, 2024
Bank of Japan
At the Monetary Policy Meeting (MPM) held today, the Policy Board of the Bank of Japan decided, by a unanimous vote, to set the following guideline for money market operations for the intermeeting period:
The Bank will encourage the uncollateralized overnight call rate to remain at around 0 to 0.1 percent.
Regarding purchases of Japanese government bonds, CP, and corporate bonds, the Bank will conduct the purchases in accordance with the decisions made at the March 2024 MPM.
(Reference)
- Meeting hours:
-
- Thursday, April 25: 14:00-16:10
- Friday, April 26: 9:00-12:15
- Policy Board members present:
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- UEDA Kazuo, Chairman (Governor)
- HIMINO Ryozo (Deputy Governor) 1
- UCHIDA Shinichi (Deputy Governor)
- ADACHI Seiji
- NAKAMURA Toyoaki
- NOGUCHI Asahi
- NAKAGAWA Junko
- TAKATA Hajime
- TAMURA Naoki
- 1 HIMINO was present via conference call.
[Others present]
- April 25
- From the Ministry of Finance:
SAKAMOTO Motoru, Deputy Vice-Minister for Policy Planning and Coordination (14:00-16:10) - From the Cabinet Office:
INOUE Hiroyuki, Vice-Minister for Policy Coordination (14:00-16:10) - April 26
- From the Ministry of Finance:
AKAZAWA Ryosei, State Minister of Finance (9:00-11:57, 12:03-12:15) - From the Cabinet Office:
MORO Kengo, Deputy Director General for Economic and Fiscal Management (9:00-10:56)
SHINDO Yoshitaka, Minister of State for Economic and Fiscal Policy (10:57-11:57, 12:03-12:15)
- Release dates and times:
- Statement on Monetary Policy -- Friday, April 26 at 12:22
- Outlook for Economic Activity and Prices (Outlook Report)
- The Bank's View -- Friday, April 26 at 12:22
- Full text -- Tuesday, April 30 at 14:00
- Summary of Opinions -- Thursday, May 9 at 8:50
- Minutes of the Monetary Policy Meeting -- Wednesday, June 19 at 8:50