Central Banks
BOJ’s Kuroda Set to Risk Further Yen Weakening After Fed Decision
- All 49 economists expect BOJ to keep rates, purchases the same
- Key points include end of Covid program, tweaks to guidance
Haruhiko Kuroda
Photographer: Shoko Takayasu/BloombergThis article is for subscribers only.
Governor Haruhiko Kuroda will be at risk of shifting the yen toward further weakness by holding on to the message that the Bank of Japan must carry on with monetary easing, hours after another major interest rate hike from the Federal Reserve.
Kuroda and his fellow board members are set to conclude a two-day meeting Thursday, and are expected to keep both the yield curve control program and asset purchases unchanged, according to all 49 economists surveyed by Bloomberg.