Statement on Monetary Policy
April 26, 2024
Bank of Japan
PDF Version [PDF 368KB]
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:
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