Bank of Japan officials reported as saying current stimulus to remain for now

Author: Eamonn Sheridan | Category: Central Banks

Bank of Japan, unnamed officials reported (via Bloomberg) to say the market is getting ahead of itself

  • Current stimulus is needed for now
More:
  • A small shift is taking place in internal discussions among Bank of Japan policy makers, with a minority raising the need to eventually start discussing policy normalization, even though they agree the current stimulus program must continue unchanged for some time, according to people familiar with talks at the central bank.

---
The BOJ meet January 23 (OK, they meet January 22 and 23 - announcement will be on the 23rd)

more to come