MARCH 27, 2026 AT 06:34 AM
BoJ says using the latest data, Japan's estimated neutral rate was in the range of around -0.9% to +0.5%; BoJ is presently adjusting degree of monetary accommodation towards a sustainable and stable 2% target
Importance
Level 1
- Given uncertainty surrounding estimates of the natural rate of interest, it is necessary to assess the degree of monetary accommodation in comprehensive manner, carefully examining economic activity, prices, and financial developments.
- Although funding costs are on the rise following changes in the policy interest rate, overall funding demand remains firm.