BOJ Likely tp Stand Pat, Keep Outlook Mostly Unchanged
A Japanese national flag flies outside the Bank of Japan headquarters in Tokyo.
Photographer: Kiyoshi Ota/BloombergThis article is for subscribers only.
The Bank of Japan is likely to consider standing pat on its main policy tools and making no major changes to its economic outlook at next week’s meeting, people familiar with the matter said.
While keeping their guard high, BOJ officials want to continue to closely monitor the impact of measures implemented by the bank since March to combat the economic fallout from Covid-19, the people said. Financial markets remain relatively stable and companies aren’t facing significant funding problems, they said.