YoY Change in Japan's Monetary Base
Japan| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The year-on-year change in the monetary base is an indicator that reflects fluctuations in the central bank's currency supply within Japan's economy. This data is published monthly by the Bank of Japan and evaluates the total amount of currency in circulation and central bank deposits.
Year-on-year data helps in understanding how the monetary base is increasing or decreasing over time. An increase in the monetary base suggests that the central bank is attempting to stimulate the economy, indicating a phase of monetary easing policies. Conversely, a decrease may indicate that monetary tightening measures are being implemented.
This data serves as a crucial reference for policymakers to assess the effectiveness of monetary policies and formulate appropriate strategies. For example, if the monetary base is rapidly increasing, the central bank may consider raising interest rates to curb inflation. Conversely, if the supply is decreasing, there might be a need to strengthen economic stimulus measures. Additionally, it provides important insights for businesses and investors to gauge trends in currency supply and economic outlook.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
