Thomson Reuters
- Speculation is mounting that the Bank of Japan (BoJ) will tweak monetary policy settings, potentially as soon as next week.
- ANZ Bank says the most likely option is for the BoJ to do absolutely nothing.
- It says any policy tweak could be “misinterpreted as a step toward normalisation, a signal it would be reluctant to send with inflation far from target”.
Japan’s economy contracted in the March quarter. There are signs its manufacturing sector is starting to weaken, especially parts aligned to export markets, and inflation is weak, moving further away from the Bank of Japan’s (BoJ) 2% target in June.
See the rest of the story at Business Insider
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