Eco Week Ahead
BOJ Isn’t Ready for a Requiem to the Negative-Rate Era
- US, UK, Canada will release consumer-price indicators
- Turkey may raise rate, while Hungary and Chile could cut
Kazuo Ueda
Photographer: Kiyoshi Ota/BloombergThis article is for subscribers only.
All eyes will be on the Bank of Japan when it sets policy on Tuesday, as Governor Kazuo Ueda continues to inch toward ending the world’s last negative interest-rate regime.
Chances are it won’t happen this time. People familiar with the matter indicate that Japanese authorities aren’t in a hurry to move while they await hard evidence of sustainable inflation.