“We expect the Bank of Japan to maintain its monetary policy, as economic and price trends in Japan have more or less been in line with its forecasts.”
“Stocks have been declining and the yen strengthening as the pullback in Chinese stocks and uncertainty over the Greek bailout have led to risk aversion. The response of overseas authorities holds part of the answer to the situation. In this monetary policy meeting, we expect the BOJ to express caution, but to take a wait-and-see attitude.”
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