Central Banks
BOJ to Sit Tight as Markets Weigh Post-Kuroda Path
- BOJ expected to keep negative rate and YCC unchanged
- Kuroda has three more policy meetings left until he steps down
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The Bank of Japan is expected to keep monetary stimulus unchanged at Governor Haruhiko Kuroda’s third from last policy meeting this week, as investors seek clues for the central bank’s path beyond Kuroda’s term.
The BOJ is forecast to leave its negative interest rate and yield curve control program unchanged at the end of a two-day gathering Tuesday, according to all 47 economists surveyed by Bloomberg.