The Bank of Japan maintains a super loose monetary policy

Xinhua News Agency, Tokyo, July 21 (Reporter Liu Chunyan) After the Bank of Japan ended the monetary policy meeting on the 21st, the Bank of Japan announced that it will continue to adhere to the current super loose monetary policy and maintain interest rates.It is expected to be adjusted to 2.3%.

The Bank of Japan issued an announcement on the same day that the short -term interest rate was maintained at a level of 0.1%, and long -term government bonds were purchased to maintain long -term interest rates around zero.

The Bank of Japan issued an economic and price outlook report that day, which reduced the expected Japanese economic growth in the 2022 fiscal year from 2.9%to 2.4%, and expected to increase the economic growth of 2.0%in the 2023 fiscal year.And it is expected to fall to 1.4%in fiscal year in 2023.

The Governor of the Bank of Japan said at a press conference that day that energy is still the most important factor in pushing inflation. If the energy and fresh food are not added, the inflation index will not reach 2%.Target.

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