BoJ: No change in rates? – TD Securities

Sandeep Kanihama FXStreet Contributor

According to analysts at TD Securities, while a move by the BoJ at this meeting is unlikely in their view, officials have been edging towards action as reflected in various comments by BoJ policymakers.

Key Quotes

“Governor Kuroda has highlighted four options for potential easing. A scheduled consumption tax hike next month together with a strong JPY have increased the pressure for the BoJ to act. At the same time policy is already ultra- easy and the BoJ remains cognisant of adverse secondary impact of policy on Banks.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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