BOJ Will Strengthen Easing Stance, Toyota Asset Says

Masaru Hamasaki, chief strategist at Toyota Asset Management Co., which oversees about 1.79 trillion yen ($19 billion), comments on Bank of Japan policy following today’s decision to maintain asset purchases.

“It was as expected. I think BOJ’s easing stance will be strengthened under new executives, but the degree of it will depend on who will be chosen. The market may sway a lot depending on the pick.”

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