Ex-BoJ official: BoJ won’t be making another policy tweak any time soon

Former Bank of Japan (BoJ) official Takashi Kozu was reported by Reuters, as saying that he doesn’t expect another tweak in the BoJ’s monetary policy anytime soon.

Additional Comments:

"It will take time for the BOJ's next policy step given the need for a consensus from the nine board members."

"The BOJ has reached a limit to the ambiguous rhetoric used in July, which can't be repeated anymore. The next move will have to be explained based on fundamentals."