19 Jan 2018
BOJ remains optimistic to achieve inflation target - WSJ
Wall Street Journal (WSJ) report quotes people familiar with the BOJ's thinking as saying that the central bank is optimistic about achieving 2 percent inflation target in 2 years.
Key points
- Market overreacted to the routine change in bond buying (seen two weeks ago). It wasn't meant to signal any broader policy shift.
- BOJ likely to keep rates unchanged at next week's meeting.