Increases annual pace of ETF purchases to ¥12 trillion (previously ¥6 trillion)

10-year JGB yields target maintained at about 0%

Introduces new lending program to smooth funding for firms

Strengthens stance on asset purchases

To purchase more commercial paper, corporate bonds

BOJ says will take additional easing measures as needed

May increase or cut ETF goal depending on situation

Economic activity likely to remain weak for the time being

Somewhat weak indicators of inflation expectations have been seen recently

Need to watch for the impact of oil price drop

Watching the coronavirus impact very closely