BOJ Holds off on More Stimulus

BOJ Holds off on More Stimulus

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Business

University

Hard

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The Bank of Japan (BOJ) has decided to maintain its monetary base target at 80 trillion yen and keep the policy balance rate at -0.1%, continuing its negative interest rate policy. Despite expectations from economists for some action, the BOJ has not changed its policy but has delayed the timing for reaching its 2% inflation target. The yen has strengthened, and economic data indicates deflationary pressures, with the economy struggling to recover. The BOJ acknowledges downside risks to the price outlook and is prepared to add easing if necessary. Economists anticipate more stimulus by the end of June.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current monetary base target set by the BOJ?

60 trillion yen

90 trillion yen

70 trillion yen

80 trillion yen

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the BOJ's policy balance rate?

1%

-1%

-0.1%

0.1%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What action did economists expect the BOJ to take?

Increase interest rates

Buy more ETFs

Reduce monetary base

Sell government bonds

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the BOJ's stance on adding easing measures?

Plans to remove easing

Has already added easing

Will add easing if necessary

Will not add easing

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By when do economists expect more stimulus from the BOJ?

By the end of May

By the end of March

By the end of April

By the end of June