Bank of Japan is said to tweak message as dissenter calls for more easing
That's the Bloomberg headline
Nothing further right now ...
Remember the calls from Bank of Japan board member Goushi Kataoka to expand stimulus?
- At the October BOJ meeting he was the only dissent ... wanting more easing
- And he was at it again late last month: BOJ Kataoka: BOJ needs to take additional easing steps as inflation won't reach 2% around fiscal 2019
The BOJ meet next week (announcement Thursday December 21) ... so I guess the headline relates to expectations for the statement. Does one dissenter have that much influence over the message the BOJ wants to send? And Kataoka is the noob on the Board too. I can't see it myself .... but as I said, nothing further at this stage
more to come ... perhaps. I'll stay tuned of course.
