Yesterday I posted that "There are a few reports about that the Bank of Japan plans to drop its 2 year timeframe for achieving its 2% inflation target"
Well, I haven't found out anything more about that, so for the time being I'm filing it under 'maybe'.
And, for more 'maybe'; it's the a good weekend for speculation on what might be coming from the BOJ in September.
Reuters have this:
- "The government could issue 50-year bonds, and if the BOJ makes a commitment to hold them for a very long time, that would be like helicopter money"
Also:
- BOJ could be posed for closer cooperation with PM Abe's fiscal spending policy
- BOJ could buy municipal bonds or debt issued by state-backed entities in addition to JGBs
Plenty more to mull over at the link, here.
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All this after Friday's market-disappointing announcement from the BOJ that saw the yen subsequently continue to gain.
