BOJ Watcher Calls Range From Triple-Bazooka to Stealth Taper
- Some see tapering yet others predict expanded asset purchases
- Time frame for inflation target also a matter of debate
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Some analysts expect the Bank of Japan to fire another blast of monetary stimulus at the end of its two-day policy meeting on Sept. 21. Others see a central bank with little if any ammunition left -- or one turned gun-shy.
For some economists, the BOJ’s decision to undertake a comprehensive review of its easing program to be concluded at the meeting underscored its struggle to hit the 2 percent inflation target, and bolstered arguments that it had reached the limits of its powers.