BOJ set to keep massive stimulus, ready to act if pandemic causes more economic damage

The Bank of Japan is set to maintain its massive stimulus programme on Thursday and vow to take further action if the economic fallout from the coronavirus shock threatens a return to deflation. But the rising cost of prolonged easing and a dearth of policy tools may mean there is not much the BOJ can do beyond rolling over its crisis-response package, or count on the government to unveil another spending package to re-ignite growth, analysts say. Given the need to keep in place some restraints to economic activity to prevent the spread of the virus, the BOJ is not in a position now to push prices higher with further … (full story)

Let's Have A Chat ​


please, upload jpg, jpeg, png or pdf files only