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MNI STATE OF PLAY: BOJ To Keep Policy Target;...>

BOJ
BOJ: MNI STATE OF PLAY: BOJ To Keep Policy Target; Risks Growing
- The Bank of Japan board will maintain its monetary easing target at its Sept.
18-19 policy meeting, even though they are more concerned about downside risks
to a continued modest domestic economic recovery amid the uncertainty over
global demand, MNI understands. That's because BOJ officials haven't seen any
data suggesting Japan's economy is deviating from the recovery track, financial
markets remain calm and a slowdown in emerging economies is limited. The board
is expected to maintain the official view that Japan's economy is "expanding
moderately, with a virtuous cycle from income to spending operating."
- For full story see MNI Main Wire at 03:30 BST 09/10, or contact us for full
access.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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