BOJ to Stand Pat With Economic Outlook in Focus

The Bank of Japan is widely expected to keep its main policy settings unchanged Wednesday amid signs the virus-hit economy is past the worst, with attention likely to focus on the BOJ’s quarterly economic projections.

Governor Haruhiko Kuroda and his board will maintain interest rate and asset purchase settings at the end of a two-day meeting, according to 96% of economists surveyed by Bloomberg. The policy statement is usually released around noon followed by Kuroda’s press briefing at 3:30 p.m. in Tokyo.