I posted much earlier this week on speculation the Bank of Japan "may soon have to think about tightening for the first time since 2007"
I can't see it myself, not any time soon anyway.
But, Reuters today with this, citing "people familiar with the bank's thinking"
- "The BOJ's focus next year may not be about whether to ease more but to possibly raise its yield target" .... adding that a small hike next year cannot be ruled out
- "There's a possibility the BOJ could lift the target before inflation hits 2 percent," another person said, adding, though, that the threshold for doing so would be "quite high".
Doesn't sound too convincing to me:
- cannot be ruled out
- the threshold for doing so would be "quite high"
Yeah, not gonna happen...
