日本央行3月会议纪要：面对全球不确定性 将采取灵活货币政策

Group 1 - The Bank of Japan (BOJ) emphasized the importance of flexible responses to increasing global uncertainties in its March monetary policy meeting minutes [1] - A member suggested that the BOJ could exhibit greater flexibility in its monetary policy decisions, given the Federal Reserve's stance on not rushing to adjust its policy [1] - The minutes reiterated the BOJ's consistent position that decision-making will be based on actual economic and price developments, without any preconceived notions [1] Group 2 - The BOJ maintained the benchmark interest rate at 0.5% on March 19, aligning with market expectations, and noted an overall moderate economic recovery despite weaknesses in certain sectors [2] - On May 1, the BOJ again kept the interest rate at 0.5% and revised down its GDP growth forecasts for 2025 and 2026, indicating a cautious outlook on future economic prospects [2] - The BOJ projected a decline in the inflation rate to 1.7% in 2026, below its 2% target, reflecting ongoing uncertainties in domestic and international economic conditions [2]