Economics

BOJ Decision-Day Guide: Kuroda Mulls Stimulus as Growth Withers

  • Besides any policy change, BOJ to give outlook for CPI and GDP
  • In event of easing, pay attention to what tools will be used

The Bank of Japan headquarters is reflected on a telephone booth window in Tokyo, Japan.

Photographer: Tomohiro Ohsumi/Bloomberg
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Hold on to your hats for what may be the most anticipated Bank of Japan meeting since Governor Haruhiko Kuroda presided over his first policy board meeting in April 2013.

Friday’s event has been preceded by a sharp division among economists over whether the BOJ will expand its asset-purchase program, already at a record. Those at JPMorgan Chase & Co., Barclays Plc and Bank of America Corp. said that whichever way the bank goes, it will be a “close call.”