Foreign Exchange & Fixed Income

Reuters reveals receding risks may give BOJ room to tweak forward guidance

Reuters reveals receding risks may give BOJ room to tweak forward guidance

Reuters exclusively reported the Bank of Japan could later this year consider watering down its commitment to keep or cut its rock-bottom interest rates, if pessimism over the global outlook continues to recede. Reuters sources said any such tweak would be a sign Japan’s central bank is stepping back from the likelihood of expanding stimulus anytime soon.