BoJ: Looser for longer? – UOB

Lee Sue Ann, Economist at UOB Group, comments on the upcoming BoJ meeting.

Key Quotes

“We still keep our view for the BoJ to do more and enhance its monetary policy easing further, most likely through re-accelerating its GB to Japanese corporates and SMEs.”

“Market expectations are. Now tilted to the BoJ having reached the end of the line on normalization and will remain in a holding pattern on policy until at least April 2023 when Governor Kuroda is scheduled to leave the BoJ.”