what is boj

The Bank of Japan (BoJ) is the central bank of Japan. It is a juridical person established based on the Bank of Japan Act of 1882 and is not a government agency or a private corporation. The Banks objectives include ensuring price stability, maintaining financial system stability, and contributing to the sound development of the national economy. The Bank's business operations to achieve these objectives are described in various sections on its website, including Monetary Policy, Financial System, Payments and Markets, Banknotes, The Bank's Treasury Funds and JGS Services, International Finance, Research and Studies, and Statistics. The Bank of Japan has been in the news recently for leaving interest rates unchanged due to concerns about the growth outlook.