Foreign Exchange & Fixed Income

Reuters reveals BOJ to debate policy change in July to make its stimulus sustainable

Reuters reveals BOJ to debate policy change in July to make its stimulus sustainable

Reuters reported exclusively that the Bank of Japan, facing stubbornly low inflation, is in unusually active discussions before this month’s policy decision, with changes to its interest-rate targets and stock-buying techniques on the table. Reuters sources said discussion is preliminary and will depend on fresh inflation forecasts from policy board members. However, policymakers are already debating tweaks to Governor Haruhiko Kuroda’s massive easing, which is aimed at lifting the world’s third-biggest economy decisively out of decades of deflation.