A RTRS sources piece, released late on..........>

BOJ: A RTRS sources piece, released late on Monday, noted that interviews with a

dozen people familiar with the BOJ's thinking reveal for "the first time that

there were plans to raise rates twice this year. In January, market turbulence

pulled the rug from under an announcement of an increase. The bank then hoped to

signal higher rates in July and raise them in September, but weak inflation data

scuttled that idea too."

- One of the sources also notes that "it's unclear what the BOJ really wants to

do. It's doubtful how much the latest moves would help banks. The only thing

clear is that with a dearth of policy tools, the BOJ is in a deadlock."