No new news in the article, but a good recap of what to watch for at the BOJ meeting today and tomorrow:
Economic outlook: BoJ target in view
On top of the expected announcement of a 2 per cent inflation target, many economists expect the central bank to expand its asset purchases by a further Y10tn ($111.3bn), and extend the programme deadline beyond 2013 – perhaps, some argue, adopting an open-ended bond buying commitment until the inflation target is achieved. This would be the first time in more than nine years that the BoJ has eased monetary policy at consecutive meetings.
