Bank of Japan: Estimates the natural interest rate to be between -0.9% and +0.5%, requiring a comprehensive assessment of the degree of monetary easing.

Gate News message: On March 27, the Bank of Japan said that, based on the latest data, Japan’s estimated neutral interest rate—the natural rate of interest level that neither stimulates nor restrains economic activity—lies between -0.9% and +0.5%. The Bank of Japan noted that, given uncertainty in estimates of the natural rate, it is necessary to comprehensively assess the degree of monetary easing, while carefully considering trends in economic activity, prices, and financial developments.

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