Free Trial

JPY Firms on Report BoJ Policy Could Be Reviewed in New Year

BOJ
  • Bloomberg reports that the Bank of Japan are said to see the possibility of conducting a policy review next year.
  • JPY stronger and now through yesterday's low on that headline.

Key parts of the story:

  • Any review is unlikely before Kuroda steps down in April, and wage demands (review in mid-March) as well as the global economic backdrop will need examining beforehand.
  • The piece specifically flags that "one theoretical result is a move away from Kuroda’s ultra-easy policy stance, but it could also end up reaffirming the existing framework. "
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.