Kuroda Leads BOJ to a Policy Crossroads as Pressures Intensify
- BOJ plans an unusual policy review for Sept. 20-21 meeting
- Moves comes amid growing concern about policy sustainability
What Does BOJ Monetary Policy Review Mean?
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After more than three years of pumping out wave after wave of cheap money that’s failed to secure its inflation target, the Bank of Japan has signaled a rethink.
Instead of buying yet more government bonds, cutting interest rates or pushing further into uncharted territory, the BOJ disappointed some Friday when its policy meeting concluded with only a modest adjustment.