BOJ remains optimistic to achieve inflation target - WSJ

Omkar Godbole FXStreet Contributor

Wall Street Journal (WSJ) report quotes people familiar with the BOJ's thinking as saying that the central bank is optimistic about achieving 2 percent inflation target in 2 years.

Key points

Market overreacted to the routine change in bond buying (seen two weeks ago). It wasn't meant to signal any broader policy shift.
BOJ likely to keep rates unchanged at next week's meeting.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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