BoJ officials reported as saying current stimulus is needed for now

Dhwani Mehta FXStreet

Bloomberg quoted an unnamed Bank of Japan (BoJ) official as saying that the current is needed for now while adding that the market is getting ahead of itself.

Some BoJ officials see the need for future normalization talks

Key Quotes:

“A small shift is taking place in internal discussions among Bank of Japan policymakers, with a minority raising the need to eventually start discussing policy normalization, even though they agree the current stimulus program must continue unchanged for some time.”

The BoJ two-day monetary policy meeting begins next week on Jan 22^nd, with the policy verdict out on Jan 23^rd.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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