trending Market Intelligence /marketintelligence/en/news-insights/trending/y9afCCU07Jgns6UWQCXDTQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Bank of Japan maintains monetary policy in final meeting of 2019

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

Bank of Japan maintains monetary policy in final meeting of 2019

Bank of Japan kept its monetary policy unchanged Dec. 19, in line with market expectations, saying it will continue expanding its monetary base until inflation exceeds its 2% target.

In a 7-2 vote, policymakers at the central bank kept the short-term policy rate at negative 0.1% and pledged to continue purchasing Japanese government bonds to keep 10-year yields at around zero percent.

Bank of Japan again said it "will not hesitate to take additional easing measures" to ensure that inflation keeps moving toward the target, as downside risks from abroad, including Brexit and global trade tensions, "seem to remain significant."

The central bank also reiterated that it expects short- and long-term interest rates to "remain at their present or lower levels as long as it is necessary" in order to keep inflation from veering away from its target.

The bank expects the Japanese economy to grow moderately amid a global slowdown and domestic demand to gradually increase. It noted that exports have continued to show weakness, while industrial production has declined recently, partly on the back of natural disasters.

Bank of Japan board member Makoto Sakurai said Nov. 27 that the bank does not need to introduce additional stimulus measures at the moment and should rather assess the negative impact of prolonged easing on the economy.

The yen barely moved against the dollar following the decision, standing at ¥109.57 as of 11 p.m. Tokyo time on Dec. 19.