The Finance Insider blog

Search This Blog

Blog Archive

The Finance Insider

Wednesday, December 18, 2013

BOJ officials see room to loosen policy even further.

Bank of Japan policy makers reportedly believe that the BOJ has significant scope to increase the rate of its bond purchases if it needs to in order to meet its 2% inflation target. The officials aren't too worried about the perception that the bank is underwriting fiscal deficits, but they want more time to assess price trends. The BOJ is due to start a two-day policy meeting tomorrow.

No comments:

Post a Comment