日本央行维持现有宽松货币政策(附声明全文)
新华08网东京2月14日电(记者冯武勇)日本央行14日决定维持现有宽松货币政策，并上调了对日本经济前景的判断。
日本央行在当天结束的金融政策会议上一致决定，维持现有资产购入基金规模，并继续将银行间隔夜拆借利率维持在实际零利率水平。
此外，日本央行还将日本经济景气判断从“趋弱”上调为“渐止下行”，对海外经济的恢复也表示谨慎看好。但公报同时说，欧洲债务问题、美国经济复苏状况、中日关系仍是影响日本经济前景的不确定性因素。
日本央行还重申，将继续推进宽松货币政策，以尽早实现2%的通胀目标。在日本政府压力下，日本央行在前一次政策会议上决定引入2%的通胀目标，同时决定将从2014年起实施无上限国债购买计划以刺激经济。(完)
以下为日本央行政策声明的全文：
February 14, 2013
Bank of Japan
Statement on Monetary Policy
1. At the Monetary Policy Meeting 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 of Japan will encourage the uncollateralized overnight call rate to remain at around 0 to 0.1 percent.
2. While overseas economies remain in a deceleration phase, they have shown some signs of picking up. In global financial markets, investors' risk aversion has abated,although developments require continued attention.
3. Japan's economy appears to stop weakening. Exports continue to decrease, but the pace of decrease has been moderating, reflecting the aforementioned developments in overseas economies. Business fixed investment has shown some weakness on the whole, although resilience has been observed in nonmanufacturing. In contrast, public investment has continued to increase, and housing investment has generally been picking up. Private consumption has remained resilient and the effects of the decline in car sales due to the ending of some measures to stimulate demand for automobiles have fallen off. Reflecting these developments in demand both at home and abroad, industrial production appears to stop decreasing. Meanwhile, financial conditions in Japan are accommodative. On the price front, the year-on-year rate of change in the consumer price index (CPI, all items less fresh food) is around 0 percent.
4. With regard to the outlook, Japan's economy is expected to level off more or less for the time being, and thereafter, it will return to a moderate recovery path as domestic demand remains resilient partly due to the effects of various economic measures and overseas economies gradually emerge from the deceleration phase. For the time being,the year-on-year rate of change in the CPI is expected to turn negative due to the reversal of the previous year's movements in energy-related and durable consumer goods, and thereafter, it is likely to be around 0 percent again.
5. Regarding risks, there remains a high degree of uncertainty concerning Japan's economy, including the prospects for the European debt problem, the momentum toward recovery for the U.S. economy, the possibility of emerging and commodity-exporting economies making a smooth transition to the sustainable growth path, and the effects of the recent bilateral relationship between Japan and China.
6. The Bank of Japan conducts monetary policy based on the principle that the policy shall be aimed at achieving price stability, thereby contributing to the sound development of the national economy, and is responsible for maintaining financial system stability. The Bank aims to achieve price stability on a sustainable basis, given that there are various factors that affect prices in the short run.
The Bank recognizes that the inflation rate consistent with price stability on a sustainable basis will rise as efforts by a wide range of entities toward strengthening competitiveness and growth potential of Japan's economy make progress. Based on this recognition, the Bank has set the price stability target at 2 percent in terms of the year-on-year rate of change in the CPI.
Under the price stability target specified above, the Bank will pursue monetary easing and aim to achieve this target at the earliest possible time. Taking into consideration that it will take considerable time before the effects of monetary policy permeate the economy, the Bank will ascertain whether there is any significant risk to the sustainability of economic growth, including from the accumulation of financial imbalances.
The Bank will pursue aggressive monetary easing, aiming to achieve the above-mentioned price stability target, through a virtually zero interest rate policy and purchases of financial assets, as long as the Bank judges it appropriate to continue with each policy measure respectively.1 In addition, the Bank will provide support for financial institutions' efforts to strengthen the foundations for economic growth and to increase their lending.
日本央行货币政策声明全文.pdf[责任编辑：姜楠]
