Monetary Policy: Achievements and Discussions since 2013  10  Chart 11  Monetary Easing from 2013 Onward Date  MPM Decision  Jan.  Introduction of the price stability target of 2 percent Release of the joint statement with the government  Apr. Introduction of quantitative and qualitative monetary easing (QQE)  2014  Oct.
Expansion of QQE  2015  Dec.  Introduction of supplementary measures for QQE (expanding eligible collateral, etc.) 2016  Jan.  Introduction of QQE with a Negative Interest Rate  2013  July  Enhancement of monetary easing (increasing purchases of ETFs, etc.)