Headlines on Bloomberg re the Bank of Japan (BOJ) meeting this week, quoting “according to people familiar with central bank’s discussions”:
- Bank of Japan will discuss whether it needs to lower assessment of exports
- Officials concerned about increasing signs of weakness in economy following sales-tax increase
- BOJ board members will consider whether to express caution about production
Up until now the lines have pretty much been that Japan is recovering moderately etc. If the BOJ does include in its statement after this week’s meeting such concerns as those headlined it will further fuel talk of nearer-term further easing measures.
Kuichi, though, seemed to express more concern that is normal in his comments last week, here.