Free Trial

MNI BoJ Preview - December 2022: Kuroda Staying The Course, Even As Noise Grows

EXECUTIVE SUMMARY

  • The BoJ is set to leave all of its major monetary policy settings, including forward guidance, as they are come the end of its December policy meeting.
  • Recent comments from BoJ board member Tamura re: the need for a policy framework review at the “right time,” along with several hawkish source reports have sharpened market focus on a move away from current policy settings.
  • This sets us up for an interesting ’23. The probability of a hawkish move before BoJ Governor Kuroda’s departure remains low, while the clear risks of a rockier global economic path in ’23 may give the BoJ a particularly narrow window for action.
  • Click the link below to view the full preview:
  • MNI BoJ Preview - Dec 2022.pdf

MNI London Bureau | +44 0203-865-3809 | anthony.barton@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.